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Cost of Living in Hand County

Is it better to rent or buy in Hand 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.

$73,797
$571/mo

Median in area: $571

$158,706

Median in area: $158,706

$31,741

If you Rent

🔑
$849 /mo
Base Rent$571
Est. Utilities$278
% of Income13.8%
Pre-tax Residual$5,301

If you Buy

🏠
$1,335 /mo
P&I (7.209%)$863
Taxes & Ins$194
Est. Utilities$278
% of Income21.7%
Pre-tax Residual$4,815

Compare Nearby Areas

See how Hand County stacks up against neighboring areas.

countySpink County, SD
$760/mo
countyBuffalo County, SD
$540/mo
countyFaulk County, SD
$771/mo
countyBeadle County, SD
$850/mo
countyHyde County, SD
$836/mo

Cost of Living FAQs

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

Based on median housing data, renting is currently more affordable on a monthly basis in Hand County. The estimated all-in monthly cost for renting is $849, while owning a median-priced home with a 20% down payment is roughly $1,335 per month (a difference of $486).

How much do utilities cost in Hand County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Hand County is approximately $278. This estimate uses local utility rate schedules combined with median energy consumption profiles.

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

To comfortably afford the median rent and utilities in Hand County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $33,960 per year.