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Lake Norden, SD vs Webster, SD

77
Lake Norden
South Dakota
VS
+28.2%
60
Webster
South Dakota

There is a significant gap in the cost of living between these two cities. Webster is 28.2% cheaper than Lake Norden. With a cost index of 60 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Webster 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 $612/month in Webster — a 56% difference. Home values follow the same pattern: Webster is more affordable at $122,200 median vs $201,400.

Median household income in Lake Norden is $71,923 compared to $55,074 in Webster (+30.6%). While Lake Norden is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lake Norden spend roughly 16% of their income on rent, more than the 13.3% in Webster.

Income & Cost

Cost of Living Index
Lake Norden
77
Webster
60
22% cheaper
Median Household Income
Lake Norden
$71,923
23% higher
Webster
$55,074

Housing

Median Rent
Lake Norden
$956
Webster
$612
36% cheaper
Median Home Value
Lake Norden
$201,400
Webster
$122,200
39% cheaper
Population
Lake Norden
769
Webster
1,823

Salary Equivalency Calculator

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