Cost of Living in McCook County, South Dakota

$750/mo
Median Monthly Rent
$217,300
Median Home Value
1% below state averageUnaffordable

At a Glance

Median Monthly Rent
$750/mo
1% below state average
Median Home Value
$217,300
23% below national
Rent-to-Income Ratio
21.0%
% 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 McCook County Compares

Median monthly rent comparison

McCook County$750/mo
South Dakota Average$756/mo
National Median$1,163/mo

Detailed Housing Stats

$750/mo
Median Gross Rent
$217,300
Median Home Value
$963/mo
Monthly Owner Cost
21.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in McCook County, South Dakota

McCook leads affordability metrics

McCook County's 11.1% rent-to-income ratio ranks among the nation's most affordable, well below typical American standards, while its median household income of $80,847 exceeds the national average. This combination—above-average earnings paired with below-average housing burden—creates genuine purchasing power for renters and homebuyers alike.

Best rent-to-income ratio in group

At 11.1%, McCook County leads all eight counties in this analysis and sits well below South Dakota's state average of 13.8%. With median rent of $750—barely above the state average of $756—McCook delivers strong affordability without cutting corners on wages or community services.

Premium wages, affordable rents

McCook County's $750 rent matches most neighbors but pairs it with the second-highest household income ($80,847) after Lincoln County, creating the region's best affordability-to-income ratio. This makes McCook an overlooked gem for workers seeking both opportunity and housing relief.

Housing claims minimal income share

Renters spend $750 monthly while homeowners face $963 against McCook's $80,847 income, meaning housing claims just 11% for renters and 14% for owners. This leaves substantial income for other necessities and discretionary spending compared to national or state averages.

Premium affordability, solid economy

McCook County offers an underrated combination: above-average incomes ($80,847), manageable rents ($750), and homes at $217,300 median value. Families and professionals relocating will find genuine affordability relief here, particularly compared to premium markets like Lincoln and Meade counties.

Affordability Calculator

See how your income compares to housing costs in McCook County

$

Rent Burden

11.1%

of gross income

Max Housing (28% Rule)

$1,886

per month

Owner Cost Burden

14.3%

of gross income

You can likely afford the median home in McCook County

Median home value is $217,300. Estimated monthly cost: $1,735 vs. your max of $1,886.

Rent Affordability Guide

Your rent-to-income ratio11.1%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in McCook County, South Dakota?
McCook County, South Dakota has a median monthly rent of $750/mo and a median home value of $217,300. The affordability rating is Unaffordable, with rent making up approximately 21.0% of median household income.
What is the median rent in McCook County?
The median gross rent in McCook County is $750/mo. This is 1% below state average for South Dakota.
Is McCook County affordable?
McCook County is rated Unaffordable based on rent-to-income ratio of 21.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does McCook County's rent compare to the state average?
McCook County's median rent of $750/mo is 1% below state average of $756/mo for South Dakota.
What is the median home value in McCook County?
The median home value in McCook County, South Dakota is $217,300. This is 23% 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.