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Cost of Living in Wounded Knee

Is it better to rent or buy in Wounded Knee? 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.

$23,659
$523/mo

Median in area: $523

$350,000

Median in area: $350,000

$70,000

If you Rent

$818 /mo
Base Rent$523
Est. Utilities$295
% of Income41.5%
Pre-tax Residual$1,154

If you Buy

$2,268 /mo
P&I (6.874%)$1,839
Taxes & Ins$134
Est. Utilities$295
% of Income115.0%
Pre-tax Residual$-297

Cost of Living FAQs

Is it cheaper to rent or buy in Wounded Knee?›

Based on median housing data, renting is currently more affordable on a monthly basis in Wounded Knee. The estimated all-in monthly cost for renting is $818, while owning a median-priced home with a 20% down payment is roughly $2,268 per month (a difference of $1,450).

How much do utilities cost in Wounded Knee?›

The average monthly utility cost (electricity and natural gas) for a typical home in Wounded Knee is approximately $295. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Wounded Knee?›

To comfortably afford the median rent and utilities in Wounded Knee without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $32,720 per year.