Faulkton, SD vs Webster, SD
Webster is moderately more affordable than Faulkton, with a 9.5% lower cost of living index. Faulkton scores 66 compared to 60 for Webster, where the US average is 100. This difference means residents of Faulkton 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 $612/month in Webster — a 41% difference. Interestingly, home values tell a different story: while Webster has cheaper rent, Faulkton actually has lower median home values ($100,000 vs $122,200).
Median household income in Faulkton is $68,672 compared to $55,074 in Webster (+24.7%). While Faulkton 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 13.3% in Webster.
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