Can I Afford to Live in South Dakota?
South Dakota - No income tax, affordable Mount Rushmore state with strong economy. See median rent, home values, and the most affordable ZIP codes below.
Find ZIP Codes You Can Afford in South Dakota
Enter your salary to see neighborhoods in your budget.
🏠 To Buy in South Dakota
With median home value of $235,000, you'd typically need an income of at least $58,750/year and a down payment of $23,500 (10%).
🏘️ To Rent in South Dakota
With median rent of $900/month, you should earn at least $32K/year (30% rent-to-income rule). This is below the US median of $1,163/mo.
💰 Median Income
South Dakota residents earn a median household income of $62,908/year. Rent takes approximately 17% of median income.
Most Affordable ZIP Codes in South Dakota
Ranked by lowest median rent, minimum population 3,000+
Top-Rated Neighborhoods in South Dakota
Highest ZipScore - best combination of safety, schools, and quality of life
FAQs: Living in South Dakota
What salary do I need to live comfortably in South Dakota?
To live comfortably in South Dakota, you'd want to earn at least $32,400/year to rent at the median price without being cost-burdened (spending more than 30% of income on housing). To buy at the median home price of $235,000, aim for a salary of $58,750+.
Is South Dakota expensive to live in?
South Dakota has a median rent of $900/month, which is below the US national median of $1,163. Cost varies significantly by city and neighborhood - the table above shows the most affordable ZIP codes in South Dakota.
What is the most affordable city in South Dakota?
The most affordable ZIP codes in South Dakota are ranked in the table above by median rent. Smaller cities and suburbs typically offer significantly lower costs than the major metro areas. Click any ZIP code to see its full neighborhood profile.