Housing costs in Faulkton?
A typical home costs
$127,800, which is 62.2% less expensive than the national average of
$338,100 and 52.3% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Faulkton costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 9.6% cheaper than the state average of
$910.
Can I afford Faulkton?
To live comfortably in Faulkton, South Dakota, a minimum annual income of
$24,480 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Faulkton?
Faulkton, SD is a small town with a low cost of living. The median household income in Faulkton is $48,246, which is lower than the national average. The median home value in Faulkton is $86,400, which is also less than the national average. Prices for groceries are about on par with other towns in the area and the cost of utilities (electricity, heating) are moderately priced compared to other towns in South Dakota. Overall, Faulkton has a relatively low cost of living compared to larger cities and towns in South Dakota.