Total monthly cost of ownership
Cost to Own a Home in Gregory, South Dakota
A $106,000 home here costs
$1,018per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $545. The real number is $473 higher every month — 87% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Gregory against Gregory County and South Dakota
| Measure | Gregory | Gregory County |
|---|---|---|
| Median home value | $105,600 | $129,000 |
| Median property tax | $1,511 | $1,419 |
| Effective tax rate | 1.431% | 1.100% |
| Median gross rent | $746 | $614 |
| Population | 1,330 | 3,993 |
The weather behind that power bill
Gregory sits in Gregory County, which averages a high of 86.6°F in its hottest month and a low of 10.1°F in its coldest, with 26.66" of precipitation a year and 43% of it in a single three-month stretch. That climate drives 779 cooling and 7,208 heating degree days, which is what sets the $141 electricity line above.
See the full climate breakdown for Gregory County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Gregory County
No other places of this size are published in Gregory County.
Full Gregory County cost breakdown · Every county in South Dakota
Common questions
How much does it cost to own a home in Gregory?
A $106,000 home in Gregory, South Dakota costs approximately $1,018 per month with 20% down at 6.66%. That is $545 principal and interest, $126 property tax, $49 homeowners insurance, $209 utilities and $88 set aside for maintenance.
What is the property tax rate in Gregory?
Gregory has an effective property tax rate of 1.431%, based on a median home value of $105,600 and median real estate taxes of $1,511. That is higher than the Gregory County average of 1.100%.
What is the average home price in Gregory?
The median owner-occupied home value in Gregory, South Dakota is $105,600, against $129,000 across Gregory County.
Is it cheaper to rent or buy in Gregory?
Median gross rent in Gregory is $746 a month, against $1,018 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 Gregory — 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.