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Cost of Living in Brookings, SD

Population 23,948 · Census ACS 2020–2024 5-year estimates

Median rent$889
Median home value$265,500
Median household income$63,493

The median rent in Brookings, SD is $889/month, 6% lower than the South Dakota median and 37% lower than the U.S. median. The median home value is $265,500, 20% lower than the national median. Households earn a median of $63,493 a year, 15% lower than the state median.

Affordability

Rent as a share of median income: 16.8%
Income needed for median rent (30% rule): $35,560/yr
Home price-to-income ratio: 4.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,343/mo

Run your own numbers: mortgage calculator · hourly to salary

Brookings vs. South Dakota vs. U.S.

BrookingsSouth DakotaU.S.
Median rent$889$946$1,413
Median home value$265,500$257,400$332,700
Median household income$63,493$75,081$80,734
Homeownership rate47.7%68.6%65.2%
Bachelor's degree or higher47.5%31.9%35.7%
Poverty rate16.9%11.9%12.5%
Unemployment rate4.5%2.9%5.2%
Work from home10.4%9.7%15.1%
Median age24.738.038.9

FAQ

What is the average rent in Brookings, SD?

The median gross rent in Brookings, SD is $889 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $35,560 a year in gross income.

Is Brookings, SD expensive to live in?

Rent there is 37% lower than the U.S. median, and the median home costs about 4.2 times the median household income.

Other cities in South Dakota

Sioux Falls, SDRent $1,035 · Income $75,970Rapid City, SDRent $1,109 · Income $70,870Aberdeen, SDRent $762 · Income $64,405Watertown, SDRent $942 · Income $69,600

Cities with a similar cost of living

Great Falls, MTRent $900 · Income $63,373Columbus, NERent $892 · Income $64,626Superior, WIRent $900 · Income $64,216Mason City, IARent $882 · Income $64,804West Odessa, TXRent $891 · Income $65,234Decatur, ALRent $896 · Income $61,563

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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