Safe Rate Local

Cost of Living in Day County

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

← Back to Day County Hub

Rent vs. Buy Affordability Calculator

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

$64,802
$670/mo

Median in area: $670

$174,315

Median in area: $174,315

$34,863

If you Rent

🔑
$1,011 /mo
Base Rent$670
Est. Utilities$341
% of Income18.7%
Pre-tax Residual$4,389

If you Buy

🏠
$1,524 /mo
P&I (7.137%)$941
Taxes & Ins$242
Est. Utilities$341
% of Income28.2%
Pre-tax Residual$3,877

Compare Nearby Areas

See how Day County stacks up against neighboring areas.

countyCodington County, SD
$1,037/mo
countyRoberts County, SD
$696/mo
countyClark County, SD
$782/mo
countyBrown County, SD
$824/mo
countyMarshall County, SD
$752/mo

Cost of Living FAQs

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

Based on median housing data, renting is currently more affordable on a monthly basis in Day County. The estimated all-in monthly cost for renting is $1,011, while owning a median-priced home with a 20% down payment is roughly $1,524 per month (a difference of $513).

How much do utilities cost in Day County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Day County is approximately $341. This estimate uses local utility rate schedules combined with median energy consumption profiles.

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

To comfortably afford the median rent and utilities in Day County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $40,440 per year.