Total monthly cost of ownership
Cost to Own a Home in Miller, South Dakota
A $135,000 home here costs
$1,180per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $694. The real number is $485 higher every month — 70% 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.
Miller against Hand County and South Dakota
| Measure | Miller | Hand County |
|---|---|---|
| Median home value | $135,100 | $152,100 |
| Median property tax | $1,221 | $1,373 |
| Effective tax rate | 0.904% | 0.903% |
| Median gross rent | $546 | $553 |
| Population | 1,346 | 3,045 |
The weather behind that power bill
Miller sits in Hand County, which averages a high of 84.8°F in its hottest month and a low of 7.0°F in its coldest, with 22.32" of precipitation a year and 47% of it in a single three-month stretch. That climate drives 653 cooling and 7,840 heating degree days, which is what sets the $141 electricity line above.
See the full climate breakdown for Hand County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Hand County
No other places of this size are published in Hand County.
Full Hand County cost breakdown · Every county in South Dakota
Common questions
How much does it cost to own a home in Miller?
A $135,000 home in Miller, South Dakota costs approximately $1,180 per month with 20% down at 6.66%. That is $694 principal and interest, $102 property tax, $62 homeowners insurance, $209 utilities and $113 set aside for maintenance.
What is the property tax rate in Miller?
Miller has an effective property tax rate of 0.904%, based on a median home value of $135,100 and median real estate taxes of $1,221. That is in line with the Hand County average of 0.903%.
What is the average home price in Miller?
The median owner-occupied home value in Miller, South Dakota is $135,100, against $152,100 across Hand County.
Is it cheaper to rent or buy in Miller?
Median gross rent in Miller is $546 a month, against $1,180 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 Miller — 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.