Florence, SD vs Midland, SD
There is a significant gap in the cost of living between these two cities. Florence is 28.1% cheaper than Midland. With a cost index of 55 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Florence to Midland should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Florence are $137,500 compared to $53,700 in Midland, a 156% gap.
Median household income in Florence is $69,531 compared to $60,417 in Midland (+15.1%). Florence offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.
Climate-wise, Midland is notably warmer with an average of 47.6°F compared to 43°F in Florence. Florence receives more rainfall at 22.7" per year compared to 16.3" in Midland.
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Climate
NOAA 30-year normals (1991-2020)