Cost to Own
United StatesSouth DakotaBrookings CountyAurora Population 1,407 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Aurora, South Dakota

A $219,000 home here costs

$1,850

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $1,126. The real number is $725 higher every month — 64% more than the payment most buyers budget for.

Aurora median: $219,100
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $175,200 borrowed $1,126
Property tax1.273% effective rate for Aurora itself $232
Homeowners insuranceSouth Dakota averages $1,270/yr (NAIC), or 0.55% of home value $100
Electricity15.73¢/kWh — South Dakota residential average, EIA $141
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $183
Total monthly $1,850

Aurora against Brookings County and South Dakota

MeasureAuroraBrookings County
Median home value$219,100$246,300
Median property tax$2,789$2,795
Effective tax rate1.273%1.135%
Median gross rent$829$874
Population1,40734,968

The weather behind that power bill

Aurora sits in Brookings County, which averages a high of 81.4°F in its hottest month and a low of 3.5°F in its coldest, with 25.21" of precipitation a year and 45% of it in a single three-month stretch. That climate drives 524 cooling and 8,378 heating degree days, which is what sets the $141 electricity line above.

See the full climate breakdown for Brookings County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Brookings County

Full Brookings County cost breakdown · Every county in South Dakota

Common questions

How much does it cost to own a home in Aurora?

A $219,000 home in Aurora, South Dakota costs approximately $1,850 per month with 20% down at 6.66%. That is $1,126 principal and interest, $232 property tax, $100 homeowners insurance, $209 utilities and $183 set aside for maintenance.

What is the property tax rate in Aurora?

Aurora has an effective property tax rate of 1.273%, based on a median home value of $219,100 and median real estate taxes of $2,789. That is higher than the Brookings County average of 1.135%.

What is the average home price in Aurora?

The median owner-occupied home value in Aurora, South Dakota is $219,100, against $246,300 across Brookings County.

Is it cheaper to rent or buy in Aurora?

Median gross rent in Aurora is $829 a month, against $1,850 to own the median home all in. Renting costs less month to month here, though renting builds no equity.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Aurora — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for South Dakota.
  • Electricity price — EIA Electric Power Monthly Table 5.6.A.
  • Mortgage rate — Freddie Mac PMMS, refreshed weekly.
  • Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.

Full methodology