CostBy County

Cost of Living in Dewey County, South Dakota

$692/mo
Median Monthly Rent
$69,600
Median Home Value

At a Glance

Median Monthly Rent
$692/mo
12% below state average
Median Home Value
$69,600
79% below national
Census GRAPI
23.2%
Median gross rent as % of renter income

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

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Dewey County Compares

Median monthly rent comparison

Dewey County$692/mo
South Dakota Average$785/mo
National Median$1,413/mo

Detailed Housing Stats

$692/mo
Median Gross Rent
$69,600
Median Home Value
$647/mo
Monthly Owner Cost
23.2%
Census GRAPI

National Ranking

Affordability Rank

Dewey County ranks #407 of 3,142 counties for affordability (top 13%)

Most AffordableLeast Affordable

Sourced county brief

Dewey County Median Home Value Set at 69,600 Dollars

In Dewey County, the median home value is $69,600, which is $111,421 below the South Dakota unweighted county mean of $181,021. The official ACS B25071 median gross rent as a percentage of household income (GRAPI) is 23.2%. This figure is 0.5 percentage points higher than the state unweighted county mean of 22.7%. Median gross rent in the county is $692 per month, compared to the state unweighted county mean of $785. Median selected monthly owner costs for owner-occupied units are $647, which is $206 lower than the state unweighted county mean of $853. The median renter-household income was estimated at $33,796. All figures are derived from the 2020-2024 American Community Survey 5-Year Estimates. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Dewey County

Affordability Verdict

ACS B25071 estimates median gross rent at 23.2% of renter household income in Dewey County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $692 per month; median selected monthly owner costs are $647. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $27,680 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The South Dakota unweighted mean of county median rents is $785 per month. Dewey County's $692 median is 11.8% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Dewey County

$

Rent Burden

15.3%

of gross income

Max Housing (28% Rule)

$1,262

per month

Owner Cost Burden

14.4%

of gross income

You can likely afford the median home in Dewey County

Median home value is $69,600. Estimated monthly cost: $556 vs. your max of $1,262.

Rent Affordability Guide

Your entered rent as a share of entered income15.3%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $54,104Needed: $27,680
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $54,104Needed: $27,729
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $54,104Needed: $16,198

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

What is the cost of living in Dewey County, South Dakota?
Dewey County, South Dakota has a median monthly rent of $692/mo and a median home value of $69,600. The affordability rating is Affordable, with median gross rent equal to approximately 23.2% of renter household income.
What is the median rent in Dewey County?
The median gross rent in Dewey County is $692/mo. This is 12% below state average for South Dakota.
Is Dewey County affordable?
Dewey County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 23.2%. Median gross rent is under 30% of renter household income.
How does Dewey County's rent compare to the state average?
Dewey County's median rent of $692/mo is 12% below state average of $785/mo for South Dakota.
What is the median home value in Dewey County?
The median home value in Dewey County, South Dakota is $69,600. This is 79% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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