Cost of Living in Gregory County, South Dakota
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Gregory County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Gregory County, South Dakota
Gregory County: Rural affordability meets modest incomes
At 14.1%, Gregory County's rent-to-income ratio nudges just above the state average of 13.8%, though it remains better than many urban markets nationwide. The county's $614 median rent is genuinely low, but a median household income of $52,432—significantly below the national average of $74,755—means affordability is relative.
Below-state-average rents, below-state-average income
Gregory County offers some of South Dakota's cheapest rents at $614 monthly, but ranks lower on the income side compared to many peer counties. The 14.1% rent-to-income ratio reflects the tension between low housing costs and lower earnings across the region.
Lowest rents in the comparison, tight budgets
Gregory County's $614 rent is the lowest among these eight counties, beating even Hand County ($553 is lower—correction: Hand is $553, Gregory is $614). However, its median income of $52,432 is among the lowest regionally, making the affordability ratio less favorable than raw rent prices suggest.
Low rent, lower income—tight household economics
Gregory County renters spend $614 monthly while homeowners pay $583, both low in absolute terms but substantial relative to the $52,432 median income. Renters dedicate 14.1% of income to housing, leaving limited margin for unexpected expenses or savings goals.
Cheapest rents require careful income planning
Gregory County's $614 median rent is a bargain on paper, but factor in the lower median income before relocating. If you're considering a move, ensure your income exceeds the county median to avoid stretching already tight housing affordability ratios.
Affordability Calculator
See how your income compares to housing costs in Gregory County
Rent Burden
14.1%
of gross income
Max Housing (28% Rule)
$1,223
per month
Owner Cost Burden
13.3%
of gross income
You can likely afford the median home in Gregory County
Median home value is $129,000. Estimated monthly cost: $1,030 vs. your max of $1,223.
Rent Affordability Guide
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.