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Cost of Living in Edmunds County

Is it better to rent or buy in Edmunds 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.

$80,987
$1,066/mo

Median in area: $1,066

$154,673

Median in area: $154,673

$30,935

If you Rent

🔑
$1,474 /mo
Base Rent$1,066
Est. Utilities$408
% of Income21.8%
Pre-tax Residual$5,275

If you Buy

🏠
$1,435 /mo
P&I (7.058%)$828
Taxes & Ins$199
Est. Utilities$408
% of Income21.3%
Pre-tax Residual$5,314

Compare Nearby Areas

See how Edmunds County stacks up against neighboring areas.

countyPotter County, SD
$1,008/mo
countyWalworth County, SD
$889/mo
countyBrown County, SD
$824/mo
countyFaulk County, SD
$771/mo
countyMcPherson County, SD
$594/mo

Cost of Living FAQs

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

Based on median housing data, buying is currently more affordable on a monthly basis in Edmunds County. The estimated all-in monthly cost for renting is $1,474, while owning a median-priced home with a 20% down payment is roughly $1,435 per month (a difference of $39).

How much do utilities cost in Edmunds County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Edmunds County is approximately $408. This estimate uses local utility rate schedules combined with median energy consumption profiles.

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

To comfortably afford the median rent and utilities in Edmunds County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $58,960 per year.