Cost of Living in Charles Mix County, South Dakota

$727/mo

Median Monthly Rent

$169,200

Median Home Value

4% below state averageUnaffordable

At a Glance

Median Monthly Rent

$727/mo

4% below state average

Median Home Value

$169,200

40% below national

Rent-to-Income Ratio

22.0%

% 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 Charles Mix County Compares

Median monthly rent comparison

Charles Mix County$727/mo

South Dakota Average$756/mo

National Median$1,163/mo

Detailed Housing Stats

$727/mo

Median Gross Rent

$169,200

Median Home Value

$723/mo

Monthly Owner Cost

22.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Charles Mix County, South Dakota

Charles Mix hits state housing sweet spot

Charles Mix County renters spend 13.4% of household income on rent, nearly matching the national benchmark and sitting close to South Dakota's 13.8% state average. With median income at $64,850 and monthly rent at $727, the county offers reasonably balanced housing affordability.

Right at South Dakota's average

Charles Mix's 13.4% rent-to-income ratio sits just slightly below the state average of 13.8%, placing it squarely in the middle of South Dakota's affordability spectrum. The $727 monthly rent falls just $29 below the state median, marking Charles Mix as a representative county.

Moderate costs, stable market

Charles Mix rents of $727 fall between the bargain basement (Campbell at $635) and pricier markets (Codington at $901, Butte at $940). The median home value of $169,200 reflects a modest, stable real estate market without the premium pricing of neighboring Custer County.

Balanced housing budget

Both renters ($727) and homeowners ($723) shoulder similar monthly costs, with a median income of $64,850 annually distributing the burden fairly evenly. Housing consumes roughly 13-14% of gross monthly earnings, putting households near the regional norm.

Charles Mix offers middle-ground stability

If you seek a county close to state averages without premium costs or extreme bargains, Charles Mix delivers steady, predictable housing economics. Renters and buyers alike will find expenses align with the South Dakota standard, making long-term budgeting straightforward.

Affordability Calculator

See how your income compares to housing costs in Charles Mix County

Your Annual Household Income

Rent Burden

13.5%

of gross income

Max Housing (28% Rule)

$1,513

per month

Owner Cost Burden

13.4%

of gross income

You can likely afford the median home in Charles Mix County

Median home value is $169,200. Estimated monthly cost: $1,351 vs. your max of $1,513.

Rent Affordability Guide

Your rent-to-income ratio13.5%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Charles Mix County, South Dakota?

Charles Mix County, South Dakota has a median monthly rent of $727/mo and a median home value of $169,200. The affordability rating is Unaffordable, with rent making up approximately 22.0% of median household income.

What is the median rent in Charles Mix County?

The median gross rent in Charles Mix County is $727/mo. This is 4% below state average for South Dakota.

Is Charles Mix County affordable?

Charles Mix County is rated Unaffordable based on rent-to-income ratio of 22.0%. Spending over 50% of income on rent is generally considered unaffordable.

How does Charles Mix County's rent compare to the state average?

Charles Mix County's median rent of $727/mo is 4% below state average of $756/mo for South Dakota.

What is the median home value in Charles Mix County?

The median home value in Charles Mix County, South Dakota is $169,200. This is 40% below the national median home value of $281,900.