Cost of Living in Lead
Lead's cost of living benefits from South Dakota's real, favorable statewide tax structure, though this record discloses a genuine housing-price spread rather than one flattering number.
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Learn moreSouth Dakota's real, favorable statewide tax structure applies
No state individual income tax and a combined average sales tax this project's own SD state record anchors at approximately 5.99% both apply in Lead as statewide -- a real, genuine cost advantage (base record).
Housing carries a real, disclosed cross-source spread
Lead's cited housing figures range from $128,905 to $279,000 depending on source -- a real, disclosed spread this record does not resolve to one number (base record).
Property tax runs modestly above the SD statewide average
Lawrence County's effective property tax rate runs approximately 1.19%-1.2% -- modestly above this project's own SD statewide anchor of 1.06% (base record).
Homeowners insurance likely runs elevated given Black Hills wildfire risk
No Lead-specific insurance figure was confirmed this pass; this record cites South Dakota's own statewide average premium spread of approximately $2,792-$3,637/year, disclosing that Black Hills wildfire risk plausibly pushes Lead toward the higher end (base record).
Key takeaways
- South Dakota's no-income-tax structure and ~5.99% combined average sales tax both apply in Lead.
- A real, disclosed housing-price spread ($128,905-$279,000) exists -- confirm current listings directly.
- Lawrence County's 1.19%-1.2% effective property tax rate runs modestly above SD's 1.06% statewide anchor.
- Lead's Black Hills wildfire-risk exposure plausibly elevates homeowners insurance, though no city-specific figure was confirmed.
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