Cost of Living in Codington County, South Dakota
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Codington County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Codington County ranks #2,516 of 3,144 counties for affordability (bottom 20%)
Data Story
About Cost of Living in Codington County, South Dakota
Codington rents above national comfort zone
Codington County renters allocate 16.6% of household income to rent, exceeding the healthy national range of 12-14%, while median income of $65,080 trails the national median by nearly $10,000. The $901 monthly rent makes Codington one of the state's pricier rental markets despite modest local wages.
Second-priciest county in state
Codington's 16.6% rent-to-income ratio ranks among South Dakota's worst affordability metrics, beaten only by Clay County's 15% and Butte's 16.7%. Monthly rent of $901 significantly exceeds the state median of $756, placing renters here under substantial financial strain.
Premium pricing, limited bargains
Codington's $901 rent runs $266 above Campbell County's bargain basement and $174 above Charles Mix, making it the region's rental pricier. Homebuyers face a median value of $218,000, nearly matching Butte and Clay County's expensive markets.
High rents on moderate incomes
Renters pay $901 monthly while homeowners spend $985 on $218,000 median-valued homes, supported by $65,080 median income. Housing costs approach one-sixth of gross income for renters and nearly one-fifth for owners, straining household budgets considerably.
Codington: premium costs require premium income
Codington County's above-average rents and home values demand strong earning power—expect to dedicate over 16% of income to housing as a renter. Consider this a higher-cost county despite modest local wages; ensure your relocation income exceeds the $65,000 median substantially.
Cost of Living Advisory: Codington County
Affordability Verdict
Codington County offers affordable rental housing at a median of $901/month — about 16.6% of the typical household income here.
Rent vs. Own
Renters in Codington County pay $901/month on average, compared to $985/month for homeowners. This market favors renters by about 9%.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $36,040/year. For owner costs at the 28% rule, the required income is roughly $42,214/year. With a median household income of $65,080, most households can comfortably afford rent here. Notably, 24.0% of renter households in Codington County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Compared to Minnehaha County where rent averages $954/month, Codington County is approximately 6% less expensive.
Affordability Calculator
See how your income compares to housing costs in Codington County
Rent Burden
16.6%
of gross income
Max Housing (28% Rule)
$1,519
per month
Owner Cost Burden
18.2%
of gross income
The median home in Codington County may be a stretch
Median home value is $218,000. Estimated monthly cost: $1,740 vs. your max of $1,519.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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