Faulkton, SD vs Groton, SD
Faulkton is moderately more affordable than Groton, with a 11.8% lower cost of living index. Faulkton scores 66 compared to 75 for Groton, where the US average is 100. This difference means residents of Groton can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Faulkton is $860/month compared to $954/month in Groton — a 10% difference. Home values follow the same pattern: Faulkton is more affordable at $100,000 median vs $173,000.
Median household income in Faulkton is $68,672 compared to $82,083 in Groton (-16.3%). While Groton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Faulkton spend roughly 15% of their income on rent, more than the 13.9% in Groton.
Climate-wise, both cities share similar average temperatures (44°F vs 44°F). Groton receives more rainfall at 21.8" per year compared to 21.8" in Faulkton.
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Climate
NOAA 30-year normals (1991-2020)