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Lake Norden, SD vs Volga, SD

77
Lake Norden
South Dakota
VS
-5.3%
81
Volga
South Dakota

Lake Norden is moderately more affordable than Volga, with a 5.3% lower cost of living index. Lake Norden scores 77 compared to 81 for Volga, where the US average is 100. This difference means residents of Volga can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lake Norden is $956/month compared to $1,048/month in Volga — a 9% difference. Home values follow the same pattern: Lake Norden is more affordable at $201,400 median vs $220,200.

Median household income in Lake Norden is $71,923 compared to $75,417 in Volga (-4.6%). The higher salaries in Volga 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, less than the 16.7% in Volga.

Income & Cost

Cost of Living Index
Lake Norden
77
5% cheaper
Volga
81
Median Household Income
Lake Norden
$71,923
Volga
$75,417
5% higher

Housing

Median Rent
Lake Norden
$956
9% cheaper
Volga
$1,048
Median Home Value
Lake Norden
$201,400
9% cheaper
Volga
$220,200
Population
Lake Norden
769
Volga
2,246

Salary Equivalency Calculator

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