States › South Dakota › Mitchell

Is Mitchell, SD expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,27128% lower than U.S. average
💵 Families earn per year (2026)$63,222about $5,269/month · 27% lower than U.S. average
🔑 House price$192,20042% lower than U.S. average

Rent is lower than in 71% of U.S. cities. A typical house costs about 3.0 years of household income. Commutes are short, about 12.8 minutes.

How much money do I need?

To rent here comfortably, you should earn about $50,840 a year. That is $24 an hour at a full-time job.

Is rent cheaper than other South Dakota cities?

No. Rent here is more expensive than in most of South Dakota. It is number 10 of 19 cities from cheapest to most expensive.

Mitchell
$1,271
Yankton
$923
Huron
$1,233
Pierre
$1,193
Spearfish
$1,291
Box Elder
$1,684
Vermillion
$858

How much do households earn in Mitchell?

Under $25k
20.7%
$25k–50k
27.5%
$50k–100k
32.6%
$100k–150k
11.9%
$150k+
4.8%

Share of households by yearly income. 16.7% of households earn $100,000 or more.

Rent by apartment size in Mitchell

SizeMitchellU.S. average
Studio$1,159$1,338
1 bedroom$678$1,324
2 bedrooms$988$1,509
3 bedrooms$1,418$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Mitchell overall?

Everyday prices in South Dakota overall are 11% below the U.S. average (index 88.6, U.S. = 100).

Housing
68
Goods (food, clothes…)
95
Utilities
80
Other services
92
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Mitchell, so the South Dakota figure is shown.

Taxes and bills in Mitchell

🏛️ Property tax$2,482a year · 1.29% of home value · U.S. $3,119
⚡ Electric bill$161a month (typical) · U.S. $156

Life in Mitchell

Commute to work12.8 minU.S.: 26.4 min
College degree23.6%U.S.: 35.7%
Own their home56.6%U.S.: 65.2%
Below poverty line12.5%U.S.: 12.5%
Unemployment1%U.S.: 5.2%

Is it cheaper to rent or buy in Mitchell?

Renting is cheaper right now: about $63 a month less.

Renting
$1,271
Owning
$1,334

Owning assumes a typical $192,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $19,220 for the down payment.

Frequently asked questions

What is the average rent in Mitchell, SD?

Renting in Mitchell costs a median of about $1,271 a month in 2026, including utilities. The South Dakota median is $1,271.

How much do I need to make to live in Mitchell?

To keep rent under 30% of income, you need about $50,840 a year, or $24 an hour at a full-time job.

Is Mitchell cheap or expensive?

Mitchell is rated OK: rent takes 24.1% of the typical household income of $63,222. It ranks 10th cheapest of 19 South Dakota cities we track.

How much are property taxes in Mitchell?

The median homeowner in Mitchell pays $2,482 a year in property taxes, about 1.29% of the median home value.

Is Mitchell more expensive than the national average?

Overall prices in South Dakota are 11% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Mitchell?

The median home value in Mitchell is $192,200, about 3.0 times the typical yearly household income.

15,649 people live in Mitchell. Numbers are typical (middle) values.