Baltic, SD vs Faulkton, SD
There is a significant gap in the cost of living between these two cities. Faulkton is 29.3% cheaper than Baltic. With a cost index of 66 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Faulkton to Baltic should plan for substantially higher expenses across most categories.
On the housing front, median rent in Baltic is $1,116/month compared to $860/month in Faulkton — a 30% difference. Home values follow the same pattern: Faulkton is more affordable at $100,000 median vs $240,200.
Median household income in Baltic is $105,132 compared to $68,672 in Faulkton (+53.1%). While Baltic is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Baltic spend roughly 12.7% of their income on rent, less than the 15% in Faulkton.
Climate-wise, both cities share similar average temperatures (45.1°F vs 44°F). Baltic receives more rainfall at 29.6" per year compared to 21.8" in Faulkton.
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NOAA 30-year normals (1991-2020)