Cost of Living in Sioux Falls, SD
Population 197,642 · South Dakota · Data vintage 2023
(100 = US avg)
The Sioux Falls cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $271,000, rents near $993 a month. The labor market has been unusually tight, with unemployment around 2.3% — below most comparable cities in the state.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Sioux Falls
The median home value in Sioux Falls is $271,400 — 11% below the national median of $305,000. Median rent runs $993/month, 24% lower than the national median of $1,314/month. The median household income of $74,714/year is equal to than the US median of $74,580. The local unemployment rate is 2.3%, below the national average of 4.8%. South Dakota charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 58.0°F and lows of 36.6°F, with about 45.3" of annual snowfall. Overall, Sioux Falls has a cost of living index of 84 versus the US average of 100, meaning it is 16% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 27 | 32 | 45 | 59 | 71 | 81 | 85 | 83 | 76 | 61 | 45 | 32 |
| Low °F | 9 | 13 | 24 | 36 | 48 | 59 | 63 | 61 | 52 | 38 | 25 | 13 |
| Precip" | 0.60 | 0.83 | 1.60 | 3.00 | 3.86 | 4.23 | 3.25 | 3.34 | 2.73 | 2.36 | 1.22 | 0.83 |
| Snow" | 8.0 | 8.6 | 7.2 | 5.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 1.4 | 6.2 | 8.7 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Sioux Falls, SD?
Sioux Falls has a cost index of 84 (100 = national average). It is 16% below the national average.
What is average rent in Sioux Falls, SD?
The median gross rent in Sioux Falls is $993 per month based on 2023 Census data.
What is the average home price in Sioux Falls?
The median home value in Sioux Falls is $271,400 according to Zillow and Census data.
What is the median income in Sioux Falls?
The median household income in Sioux Falls is $74,714 per year (2023 ACS 5-year estimates).
What is the sales tax in Sioux Falls, SD?
The combined state and local sales tax rate in Sioux Falls is 6.1%. South Dakota has no state income tax.
Is Sioux Falls, SD affordable?
Yes, Sioux Falls is generally considered affordable, with a cost of living index of 84 — about 16% below the US national average of 100.
What is the weather like in Sioux Falls?
Sioux Falls has average high temperatures of 58.0°F and average lows of 36.6°F. Annual precipitation is 27.9". Average annual snowfall is 45.3". Data from NOAA 1991–2020 Climate Normals.
Sioux Falls at a Glance
- Population
- 197,642
- Median Income
- $74,714
- Home Value
- $271,400
- Median Rent
- $993/mo
- Unemployment
- 2.3%
- Avg High Temp
- 58.0°F
- Sales Tax
- 6.1%
Explore county-level cost of living data
South Dakota Rankings
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