Faulkton, SD vs Freeman, SD

Faulkton, SD and Freeman, SD have a very similar cost of living, with only a 3.3% difference in their overall index. Faulkton scores 66 while Freeman scores 68 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Faulkton is $860/month compared to $741/month in Freeman — a 16% difference. Interestingly, home values tell a different story: while Freeman has cheaper rent, Faulkton actually has lower median home values ($100,000 vs $171,300).

Median household income in Faulkton is $68,672 compared to $60,114 in Freeman (+14.2%). Faulkton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Faulkton spend roughly 15% of their income on rent, more than the 14.8% in Freeman.

Climate-wise, Freeman is notably warmer with an average of 48.7°F compared to 44°F in Faulkton. Freeman receives more rainfall at 28.7" per year compared to 21.8" in Faulkton.