Housing costs in Faulkton?
A typical home costs
$123,300, which is 63.5% less expensive than the national average of
$338,100 and 54.0% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Faulkton costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 7.1% cheaper than the state average of
$910.
Can I afford Faulkton?
To live comfortably in Faulkton (zip 57438), South Dakota, a minimum annual income of
$23,760 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Faulkton?
57438 Faulkton, SD is a great place to live with an affordable cost of living. According to BestPlaces, the cost of living in 57438 Faulkton is 13.95 percent lower than the U.S. average. Groceries, utilities, and transportation are all significantly lower than the national average. Renting an apartment in 57438 Faulkton costs around $867 per month on average, which is also much lower than other parts of South Dakota or the country as a whole. Overall, those looking for a low-cost area to live will find 57438 Faulkton a great option that still provides access to all necessary amenities.