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Clear Lake, SD vs Summerset, SD

64
Clear Lake
South Dakota
VS
-33.9%
97
Summerset
South Dakota

The cost of living difference between Clear Lake, SD and Summerset, SD is dramatic. Clear Lake is 33.9% cheaper than Summerset, a gap that translates to thousands of dollars per year in household expenses. Clear Lake has a cost index of 64 while Summerset sits at 97, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Clear Lake is $679/month compared to $1,233/month in Summerset — a 45% difference. Home values follow the same pattern: Clear Lake is more affordable at $144,400 median vs $337,900.

Median household income in Clear Lake is $65,398 compared to $115,197 in Summerset (-43.2%). While Summerset is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Clear Lake spend roughly 12.5% of their income on rent, less than the 12.8% in Summerset.

Income & Cost

Cost of Living Index
Clear Lake
64
34% cheaper
Summerset
97
Median Household Income
Clear Lake
$65,398
Summerset
$115,197
43% higher

Housing

Median Rent
Clear Lake
$679
45% cheaper
Summerset
$1,233
Median Home Value
Clear Lake
$144,400
57% cheaper
Summerset
$337,900
Population
Clear Lake
1,333
Summerset
2,978

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Clear Lake
Summerset $2.99
US $3.07
🥚
Eggs (grade A, large)
Clear Lake
Summerset $2.44
US $2.50
🥛
Milk (whole)
Clear Lake
Summerset $3.92
US $4.03
🍞
Bread (white)
Clear Lake
Summerset $1.80
US $1.85
🍗
Chicken breast
Clear Lake
Summerset $4.03
US $4.14
Electricity
Clear Lake
Summerset $0.15
US $0.19