Can An Accountant Afford Rent in Vermillion, SD?

Comfortably affordable — rent takes 11.8% of gross income.

Vermillion rent: May 2026. Salary: BLS OEWS May 2024 (South Dakota state estimate).

Vermillion median rent
$783/mo
Accountant salary (South Dakota)
$79,886/yr
Rent as % of income
11.8%
Gross monthly income works out to about $6,657, and the 30% rule supports up to $1,997/mo in rent. Vermillion's median rent of $783 leaves roughly $1,214/mo of headroom under that threshold. An accountant works roughly 20.4 hours a month to cover that rent.

About rent and an accountant salary

Accountant pay covers comfortable rent in nearly every US city. The cost-of-living premium that high-cost metros add to rent is offset, in most cases, by higher local accountant pay — but not entirely. At the national-average accountant salary, the 30% rule supports about $2,270 a month in rent, which is above the median rent in most metros tracked here. The per-city pages quantify the surplus or pinch in each market.

Compare with full rent data for Vermillion

View full rent data for Vermillion, SD

Frequently asked questions

Can an accountant afford rent in Vermillion, SD?

Median rent in Vermillion is $783 a month. A typical accountant in South Dakota earns about $79,886 a year, which makes that rent 11.8% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can an accountant afford in Vermillion?

Using the 30% rule, an accountant salary in South Dakota (~$79,886/yr) supports up to $1,997 a month in rent. Vermillion's current median rent is $783/mo, which leaves a $1,214/mo buffer.

How many hours does an accountant work to cover rent in Vermillion?

At an hourly equivalent of about $38 an hour, an accountant in South Dakota works roughly 20.4 hours a month to cover Vermillion's median rent of $783.

Methodology: Salary uses the BLS-derived South Dakota state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Vermillion, SD. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.