Sioux Falls cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexSioux FallsSouth DakotaNational
Cost of living index9390100
IndexSioux FallsSouth DakotaNational
Goods & Services index9895100
Groceries index9599100
Health care index109104100
Housing index8577100
Transportation index9494100
Utilities index8993100
The above illustration supplies generalized information for the Sioux Falls, SD cost of living index. Compared to other cities in South Dakota and cities across the country, the cost of living index in Sioux Falls, SD is 93, which is 3% higher than the South Dakota average and 7% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Sioux Falls, SD are 3% higher than the average for South Dakota and 2% lower than the rest of the country.

Did you know?

  • The cost of living in Sioux Falls is 3% higher than the South Dakota average.
  • The cost of living in Sioux Falls is 7% lower than the national average.
  • The cost of housing in Sioux Falls is 15% lower than the national average.
  • South Dakota general sales tax is 21% lower than the national average.
  • South Dakota state income tax is 100% lower than the national average.

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Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator allows you to compare how much your current salary in Sioux Falls, SD would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Sioux Falls, SD, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Sioux Falls, SD salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Sioux Falls, SD as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Sioux Falls, SD homeowners, is $74,607. This would allow for a maximum of $1,741 per month to be spent on housing costs. For renters, the median monthly income is $33,136 which would result in a maximum of $773 to be spent on rental costs.

South Dakota Sales Tax

StateGeneral Sales TaxWith Max Surtax
South Dakota4%6%

South Dakota Income Tax

StateIncome Tax (Low)Income Tax (High)
South Dakota0%0%
One thing to keep in mind when considering the cost of living in Sioux Falls, SD is the South Dakota sales tax and South Dakota income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The South Dakota sales tax rate is 4% and the maximum surtax that can be charged is 6%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The South Dakota income tax rates range from 0% to 0%.

Goods & Services

ItemSioux FallsNational avg.Difference
Haircut $13.62$16.0915.3%
Beauty Salon $28.24$37.3324.4%
Toothpaste $2.74$2.4512.1%
Shampoo $0.95$1.004.8%
Movie $9.39$10.288.7%
Bowling $4.14$4.9316.0%


ItemSioux FallsNational avg.Difference
Ground Beef $2.86$3.8024.8%
Fried Chicken $1.31$1.406.0%
Milk $2.02$2.010.6%
Potatoes $2.06$3.0131.5%
Pizza $10.68$9.898.1%
Beer $8.61$8.903.2%

Health Care

ItemSioux FallsNational avg.Difference
Optometrist $119.54$102.1617.0%
Doctor $124.44$108.3614.8%
Dentist $97.87$92.535.8%
Ibuprofen $8.99$9.283.1%
Lipitor $460.07$425.828.0%


ItemSioux FallsNational avg.Difference
Home Price $161,500.00$184,700.0012.6%
Avg. Mortgage Payment $1,058.27$1,202.4412.0%
Apartment Rent $749.00$949.0021.1%


ItemSioux FallsNational avg.Difference
Gasoline $2.16$2.243.7%
Tire Balancing $41.34$46.2910.7%


ItemSioux FallsNational avg.Difference
All Electricity$147.73$165.9611.0%
Phone $25.75$28.6810.2%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Chancellor, SD32784-16%
Lennox, SD2,09586-14%
Valley Springs, SD71486-14%
Larchwood, IA86587-13%
Worthing, SD1,06688-12%
Sioux Falls, SD167,88493-7%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Ontario, CA169,38912424%
Vancouver, WA169,98211111%
Cape Coral, FL170,06398-2%
Springfield, MO165,13885-15%
Pembroke Pines, FL164,75311212%
Sioux Falls, SD167,88493-7%
Source: The Sioux Falls, SD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.