Cost of living index

Sioux Falls, SD

90.6 / 100

Living in Sioux Falls, SD is 9.4% cheaper than the US average — the #278 of 387 highest nationally.

Median rent: $987/mo

Median home value: $274,800

Figures — including the cost index, median rent, and median home value — cover the wider Sioux Falls, SD metropolitan area, not individual neighbourhoods or city boundaries.

Seasonal weather

Winter

30° / 12°F

(-1° / -11°C)

2.3 in precip

Spring

58° / 36°F

(14° / 2°C)

8.5 in precip

Summer

83° / 61°F

(28° / 16°C)

10.8 in precip

Fall

61° / 38°F

(16° / 3°C)

6.3 in precip

30-year climate normals (1991–2020) from SIOUX FALLS, via NOAA.

What it costs to live in Sioux Falls, SD

The Sioux Falls, SD metro area has an overall price level of 90.6 compared with the national average of 100, meaning everyday costs run about 9.4% lower than a typical US metro. Housing tells the sharper story: at 77.6 it is 22.4% below the national average. Housing rents are often one of the largest sources of difference between metro areas, so this figure can have a significant impact when comparing locations.

Cost breakdown

Overall#278 of 387

90.6

Goods#257 of 387

95.5

Housing rents#205 of 387

77.6

Utilities#316 of 387

80.7

Other services#383 of 387

91.9

Sioux Falls, SD is moved down the most by housing rents, at 77.6 vs a US average of 100, while the closest to average is goods.

How Sioux Falls, SD compares

Other metros in South Dakota

Rapid City, SD89.2

Browse South Dakota →See the cheapest and most expensive US metros →

Data source

Figures on this page come from the US Bureau of Economic Analysis (BEA) Regional Price Parities dataset, 2024 — the most recent year published. An index of 100 marks the national average; a metro above 100 has higher prices than a typical US metro, below 100 lower. Median rent and median home value are from the US Census Bureau’s American Community Survey (ACS) 2023 5-year estimates, and seasonal weather is from NOAA’s 1991–2020 climate normals. These are regional figures only, not a complete personal budget — they don’t account for individual spending habits, taxes, or household circumstances. See the full methodology for how the index and salary-equivalent estimates are calculated.

Compare My City is an independent project and is not operated by, endorsed by, or affiliated with the Bureau of Economic Analysis, the Census Bureau, or NOAA.

Common questions

Is Sioux Falls, SD an expensive place to live?

Sioux Falls, SD has an overall cost-of-living index of 90.6, where 100 is the US average. That makes it about 9.4% cheaper than the country as a whole.

Is housing expensive in Sioux Falls, SD?

Housing rents in Sioux Falls, SD score 77.6 against a US average of 100 — roughly 22.4% below average. Housing rents are often the main driver of differences in overall price levels between metro areas.

How does Sioux Falls, SD compare to the US average cost of living?

Overall prices in Sioux Falls, SD sit at 90.6 versus 100 for the US average, with housing at 77.6. Figures come from the US Bureau of Economic Analysis for 2024.