Cost of Living in Faulkton, SD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
93.8
100 = national avg
-6.2 vs national average
Living Wage (1 Adult)
$41,263
per year
Living Wage (Family of 4)
$97,531
per year
Cost Index by Category
Housing77.2
Food102.5
Transportation105.0
Healthcare102.0
Utilities96.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$724
per month
2 Bedroom
$950
per month
The overall cost of living index in Faulkton is 93.8, which is 6.2% below the national average. Housing costs are below the national average at an index of 77.2. A single adult needs to earn approximately $41,263 per year to cover basic expenses.