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Cost of Living in Codington County

Is it better to rent or buy in Codington County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$77,980
$1,037/mo

Median in area: $1,037

$230,167

Median in area: $230,167

$46,033

If you Rent

🔑
$1,223 /mo
Base Rent$1,037
Est. Utilities$186
% of Income18.8%
Pre-tax Residual$5,275

If you Buy

🏠
$1,718 /mo
P&I (7.102%)$1,238
Taxes & Ins$294
Est. Utilities$186
% of Income26.4%
Pre-tax Residual$4,781

Compare Nearby Areas

See how Codington County stacks up against neighboring areas.

countyDeuel County, SD
$625/mo
countyDay County, SD
$670/mo
countyClark County, SD
$782/mo
countyGrant County, SD
$886/mo
countyHamlin County, SD
$877/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Codington County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Codington County. The estimated all-in monthly cost for renting is $1,223, while owning a median-priced home with a 20% down payment is roughly $1,718 per month (a difference of $495).

How much do utilities cost in Codington County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Codington County is approximately $186. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Codington County?›

To comfortably afford the median rent and utilities in Codington County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $48,920 per year.