Cost of Living in Bon Homme County, South Dakota

$620/mo

Median Monthly Rent

$120,300

Median Home Value

18% below state averageUnaffordable

At a Glance

Median Monthly Rent

$620/mo

18% below state average

Median Home Value

$120,300

57% below national

Rent-to-Income Ratio

21.0%

% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating

Unaffordable

Rent over 50% of income

How Bon Homme County Compares

Median monthly rent comparison

Bon Homme County$620/mo

South Dakota Average$756/mo

National Median$1,163/mo

Detailed Housing Stats

$620/mo

Median Gross Rent

$120,300

Median Home Value

$747/mo

Monthly Owner Cost

21.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Bon Homme County, South Dakota

Bon Homme delivers strong rental value

Bon Homme County's 12.1% rent-to-income ratio ranks among the nation's most affordable, with modest rents of $620 paired against a median household income of $61,275. Renters here enjoy genuine affordability that outperforms national norms by a wide margin.

Bon Homme beats South Dakota average

At 12.1% rent-to-income, Bon Homme County outperforms the South Dakota average of 13.8%, making it one of the state's more renter-friendly counties. The combination of low rents and modest but stable incomes creates sustainable housing economics.

Bon Homme undercuts most regional competitors

Bon Homme's $620 median rent ranks second-lowest in this region, trailing only Bennett County ($616), while household income ($61,275) exceeds Bennett's significantly. This balance positions Bon Homme as a genuine affordability leader.

Housing costs remain well-managed

Renters spend $620 monthly (12.1% of income) while homeowners pay $747, both figures well below concerning thresholds against the $61,275 median household income. Housing remains accessible without sacrificing financial stability.

Bon Homme suits budget-conscious movers

If affordability and financial breathing room matter most, Bon Homme County delivers reliable housing costs and reasonable wages. Consider it seriously for relocation—the numbers support long-term financial health.

Affordability Calculator

See how your income compares to housing costs in Bon Homme County

Your Annual Household Income

Rent Burden

12.1%

of gross income

Max Housing (28% Rule)

$1,430

per month

Owner Cost Burden

14.6%

of gross income

You can likely afford the median home in Bon Homme County

Median home value is $120,300. Estimated monthly cost: $960 vs. your max of $1,430.

Rent Affordability Guide

Your rent-to-income ratio12.1%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Bon Homme County, South Dakota?

Bon Homme County, South Dakota has a median monthly rent of $620/mo and a median home value of $120,300. The affordability rating is Unaffordable, with rent making up approximately 21.0% of median household income.

What is the median rent in Bon Homme County?

The median gross rent in Bon Homme County is $620/mo. This is 18% below state average for South Dakota.

Is Bon Homme County affordable?

Bon Homme County is rated Unaffordable based on rent-to-income ratio of 21.0%. Spending over 50% of income on rent is generally considered unaffordable.

How does Bon Homme County's rent compare to the state average?

Bon Homme County's median rent of $620/mo is 18% below state average of $756/mo for South Dakota.

What is the median home value in Bon Homme County?

The median home value in Bon Homme County, South Dakota is $120,300. This is 57% below the national median home value of $281,900.