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Clear Lake, SD vs Oacoma, SD

64
Clear Lake
South Dakota
VS
-9.7%
71
Oacoma
South Dakota

Clear Lake is moderately more affordable than Oacoma, with a 9.7% lower cost of living index. Clear Lake scores 64 compared to 71 for Oacoma, where the US average is 100. This difference means residents of Oacoma 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 $847/month in Oacoma — a 20% difference. Home values follow the same pattern: Clear Lake is more affordable at $144,400 median vs $165,800.

Median household income in Clear Lake is $65,398 compared to $70,250 in Oacoma (-6.9%). The higher salaries in Oacoma partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Clear Lake spend roughly 12.5% of their income on rent, less than the 14.5% in Oacoma.

Climate-wise, Oacoma is notably warmer with an average of 48.2°F compared to 43°F in Clear Lake. Clear Lake receives more rainfall at 22.7" per year compared to 20.4" in Oacoma.

Income & Cost

Cost of Living Index
Clear Lake
64
10% cheaper
Oacoma
71
Median Household Income
Clear Lake
$65,398
Oacoma
$70,250
7% higher

Housing

Median Rent
Clear Lake
$679
20% cheaper
Oacoma
$847
Median Home Value
Clear Lake
$144,400
13% cheaper
Oacoma
$165,800
Population
Clear Lake
1,333
Oacoma
505

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Clear Lake 43°F
Oacoma 48.2°F
Summer High
Clear Lake 82°F
Oacoma 88°F
Winter Low
Clear Lake 3°F
Oacoma 11°F
Rainfall
Clear Lake 22.7"
Oacoma 20.4"
Rainy Days
Clear Lake 96d
Oacoma 100d