Total monthly cost of ownership
Cost to Own a Home in Yankton, South Dakota
A $202,000 home here costs
$1,715per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,038. The real number is $677 higher every month — 65% 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.
Yankton against Yankton County and South Dakota
| Measure | Yankton | Yankton County |
|---|---|---|
| Median home value | $202,300 | $208,200 |
| Median property tax | $2,478 | $2,347 |
| Effective tax rate | 1.225% | 1.127% |
| Median gross rent | $780 | $777 |
| Population | 15,501 | 23,379 |
The weather behind that power bill
Yankton sits in Yankton County, which averages a high of 87.1°F in its hottest month and a low of 10.4°F in its coldest, with 28.66" of precipitation a year and 39% of it in a single three-month stretch. That climate drives 962 cooling and 6,884 heating degree days, which is what sets the $141 electricity line above.
See the full climate breakdown for Yankton County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Yankton County
No other places of this size are published in Yankton County.
Full Yankton County cost breakdown · Every county in South Dakota
Common questions
How much does it cost to own a home in Yankton?
A $202,000 home in Yankton, South Dakota costs approximately $1,715 per month with 20% down at 6.66%. That is $1,038 principal and interest, $206 property tax, $93 homeowners insurance, $209 utilities and $168 set aside for maintenance.
What is the property tax rate in Yankton?
Yankton has an effective property tax rate of 1.225%, based on a median home value of $202,300 and median real estate taxes of $2,478. That is higher than the Yankton County average of 1.127%.
What is the average home price in Yankton?
The median owner-occupied home value in Yankton, South Dakota is $202,300, against $208,200 across Yankton County.
Is it cheaper to rent or buy in Yankton?
Median gross rent in Yankton is $780 a month, against $1,715 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 Yankton — 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.