Cost of Living in Butte County, South Dakota

$940/mo
Median Monthly Rent
$207,700
Median Home Value
24% above state averageUnaffordable

At a Glance

Median Monthly Rent
$940/mo
24% above state average
Median Home Value
$207,700
26% below national
Rent-to-Income Ratio
27.0%
% 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 Butte County Compares

Median monthly rent comparison

Butte County$940/mo
South Dakota Average$756/mo
National Median$1,163/mo

Detailed Housing Stats

$940/mo
Median Gross Rent
$207,700
Median Home Value
$990/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Butte County, South Dakota

Butte renters stretch harder than nation

Butte County renters spend 16.7% of their household income on rent, outpacing the national norm where housing typically claims 12-14% of earnings. With a median income of $67,692, the county sits below the national median of $74,755, making housing costs feel heavier on local wallets.

Above average rents for South Dakota

Butte's 16.7% rent-to-income ratio ranks well above South Dakota's state average of 13.8%, signaling that renters here face tighter affordability than most of the state. The median rent of $940 exceeds the state average of $756 by nearly $185 per month.

Pricier than eastern South Dakota peers

Butte County's $940 monthly rent is significantly higher than neighboring Codington County ($901) and well above counties like Campbell ($635) and Corson ($473). The median home value of $207,700 also outpaces much of rural South Dakota, reflecting Butte's position as a more developed regional hub.

Where Butte's income goes

Renters dedicate $940 monthly while homeowners spend $990, with median income of $67,692 annually. Housing costs consume roughly one-fifth of gross monthly income for renters, leaving less for other necessities compared to the national standard.

Considering Butte? Factor in housing costs

If relocating to Butte County, budget for above-state-average rents and expect homeownership with a median value near $208,000. Compare these costs carefully against your income—renters here should plan for housing to eat up about 17% of earnings rather than the state average of 14%.

Affordability Calculator

See how your income compares to housing costs in Butte County

$

Rent Burden

16.7%

of gross income

Max Housing (28% Rule)

$1,579

per month

Owner Cost Burden

17.6%

of gross income

The median home in Butte County may be a stretch

Median home value is $207,700. Estimated monthly cost: $1,658 vs. your max of $1,579.

Rent Affordability Guide

Your rent-to-income ratio16.7%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Butte County, South Dakota?
Butte County, South Dakota has a median monthly rent of $940/mo and a median home value of $207,700. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Butte County?
The median gross rent in Butte County is $940/mo. This is 24% above state average for South Dakota.
Is Butte County affordable?
Butte County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Butte County's rent compare to the state average?
Butte County's median rent of $940/mo is 24% above state average of $756/mo for South Dakota.
What is the median home value in Butte County?
The median home value in Butte County, South Dakota is $207,700. This is 26% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.