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Cost of Living in Aberdeen, SD

Population 28,189 · Census ACS 2020–2024 5-year estimates

Median rent$762
Median home value$217,300
Median household income$64,405

The median rent in Aberdeen, SD is $762/month, 19% lower than the South Dakota median and 46% lower than the U.S. median. The median home value is $217,300, 35% lower than the national median. Households earn a median of $64,405 a year, 14% lower than the state median.

Affordability

Rent as a share of median income: 14.2%
Income needed for median rent (30% rule): $30,480/yr
Home price-to-income ratio: 3.4×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,099/mo

Run your own numbers: mortgage calculator · hourly to salary

Aberdeen vs. South Dakota vs. U.S.

AberdeenSouth DakotaU.S.
Median rent$762$946$1,413
Median home value$217,300$257,400$332,700
Median household income$64,405$75,081$80,734
Homeownership rate61.7%68.6%65.2%
Bachelor's degree or higher35.0%31.9%35.7%
Poverty rate13.8%11.9%12.5%
Unemployment rate3.7%2.9%5.2%
Work from home5.4%9.7%15.1%
Median age36.438.038.9

FAQ

What is the average rent in Aberdeen, SD?

The median gross rent in Aberdeen, SD is $762 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Aberdeen, SD?

Using the common 30% rule, renting a median-priced home takes about $30,480 a year in gross income.

Is Aberdeen, SD expensive to live in?

Rent there is 46% lower than the U.S. median, and the median home costs about 3.4 times the median household income.

Other cities in South Dakota

Sioux Falls, SDRent $1,035 · Income $75,970Rapid City, SDRent $1,109 · Income $70,870Brookings, SDRent $889 · Income $63,493Watertown, SDRent $942 · Income $69,600

Cities with a similar cost of living

Manitowoc, WIRent $804 · Income $63,757Jefferson City, MORent $802 · Income $66,371Fort Dodge, IARent $785 · Income $60,649Clinton, IARent $791 · Income $60,230San Luis, AZRent $741 · Income $59,400Pekin, ILRent $819 · Income $60,790

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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