Clear Lake, SD vs Newell, SD

Clear Lake is moderately more affordable than Newell, with a 12% lower cost of living index. Clear Lake scores 64 compared to 73 for Newell, where the US average is 100. This difference means residents of Newell can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Clear Lake is $679/month compared to $1,031/month in Newell — a 34% difference. Interestingly, home values tell a different story: while Clear Lake has cheaper rent, Newell actually has lower median home values ($120,100 vs $144,400).

Median household income in Clear Lake is $65,398 compared to $52,277 in Newell (+25.1%). Clear Lake offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Clear Lake spend roughly 12.5% of their income on rent, less than the 23.7% in Newell.

Climate-wise, Newell is notably warmer with an average of 46.7°F compared to 43°F in Clear Lake. Clear Lake receives more rainfall at 22.7" per year compared to 17.4" in Newell.