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Lake Norden, SD vs Redfield, SD

77
Lake Norden
South Dakota
VS
+25.5%
61
Redfield
South Dakota

There is a significant gap in the cost of living between these two cities. Redfield is 25.5% cheaper than Lake Norden. With a cost index of 61 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Redfield to Lake Norden should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lake Norden is $956/month compared to $668/month in Redfield — a 43% difference. Home values follow the same pattern: Redfield is more affordable at $117,000 median vs $201,400.

Median household income in Lake Norden is $71,923 compared to $60,586 in Redfield (+18.7%). The higher salaries in Lake Norden partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Lake Norden spend roughly 16% of their income on rent, more than the 13.2% in Redfield.

Income & Cost

Cost of Living Index
Lake Norden
77
Redfield
61
20% cheaper
Median Household Income
Lake Norden
$71,923
16% higher
Redfield
$60,586

Housing

Median Rent
Lake Norden
$956
Redfield
$668
30% cheaper
Median Home Value
Lake Norden
$201,400
Redfield
$117,000
42% cheaper
Population
Lake Norden
769
Redfield
2,230

Salary Equivalency Calculator

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