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Sioux Falls, SD Cost of Living Calculator

Prices in the Sioux Falls, SD area are 9.4% below the US average, and housing 22.4% below (BEA, 2024). Compare a salary here with anywhere else.

Prices in an average US city are 10.4% higher than in Sioux Falls, SD, so $75,000 in Sioux Falls, SD buys what $82,781 buys in an average US city.

The same living standard in an average US city
$82,781
Prices overall
+10.4%
Housing costs
+28.9%

Sioux Falls, SD price levels by category (US average = 100)

CategoryPrice levelAgainst the US
All items90.69.4% below
Housing77.622.4% below
Goods95.54.5% below
Utilities80.719.3% below
Other services91.98.1% below

What $75,000 in Sioux Falls, SD equals in other large metros

Metro areaEquivalent salaryPrices
New York, NY$93,21224.3%
Los Angeles, CA$94,04025.4%
Chicago, IL$85,76214.3%
Dallas, TX$85,34813.8%
Houston, TX$81,6238.8%
Washington, DC$90,14920.2%
Philadelphia, PA$84,93413.2%
Atlanta, GA$82,86410.5%
Miami, FL$94,53626.0%
Phoenix, AZ$85,51314.0%

How this calculator works

BEA regional price parities for the Sioux Falls, SD-MN metropolitan area, 2024: the price of the same basket of goods and services against the US average (100). Equivalent salaries scale by the ratio of the two areas' price levels.

What it assumes

  • Before tax, and averaged across the whole metro area.

Questions people ask

Is Sioux Falls expensive to live in?

Overall prices are 9.4% below the US average; housing is 22.4% below.

What salary do I need in Sioux Falls, SD?

To match $75,000 in an average-cost place, about $67,950. The area's median household income is $82,754.

How much is rent in Sioux Falls, SD?

The median gross rent (including utilities) is $1,022 a month (Census American Community Survey 2020–2024 5-year estimates).

How does Sioux Falls, SD compare with New York?

New York prices are 24.3% relative to Sioux Falls, SD: $75,000 here equals $93,212 there.

Nearby and large metro areas

Related calculators

  • Cost of Living CalculatorWhat salary in another city gives you the same standard of living, from the Bureau of Economic Analysis's 2024 price levels for 193 metro areas.
  • Sioux Falls, SD Rent Affordability CalculatorThe median rent in the Sioux Falls, SD area is $1,022 a month including utilities, which takes 15% of the median household income ($82,754). Paying it on 30% of income needs about $40,880 a year.
  • Paycheck CalculatorWhat you take home from each paycheck after federal income tax, Social Security, Medicare and state income tax, with 2026 tax rates for every state.

Sources

Updated by the RateHerald team. The maths is tested against worked examples; report a problem.