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Florence, SD vs Scotland, SD

55
Florence
South Dakota
VS
-5.8%
58
Scotland
South Dakota

Florence is moderately more affordable than Scotland, with a 5.8% lower cost of living index. Florence scores 55 compared to 58 for Scotland, where the US average is 100. This difference means residents of Scotland can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Florence is $388/month compared to $573/month in Scotland — a 32% difference. Interestingly, home values tell a different story: while Florence has cheaper rent, Scotland actually has lower median home values ($110,000 vs $137,500).

Median household income in Florence is $69,531 compared to $61,406 in Scotland (+13.2%). Florence offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Florence spend roughly 6.7% of their income on rent, less than the 11.2% in Scotland.

Income & Cost

Cost of Living Index
Florence
55
6% cheaper
Scotland
58
Median Household Income
Florence
$69,531
12% higher
Scotland
$61,406

Housing

Median Rent
Florence
$388
32% cheaper
Scotland
$573
Median Home Value
Florence
$137,500
Scotland
$110,000
20% cheaper
Population
Florence
289
Scotland
800

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