What is the cost of living in Sioux Falls, SD?
According to the most recent data on the cost of living, Sioux Falls has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to South Dakota, Sioux Falls has a cost of living index that's 1.1x higher than South Dakota's index of 91.
The standard of living in Sioux Falls ranks as #13 most affordable out of the 19 places we measured in South Dakota. By definition, that implies Sioux Falls ranks as the #6 most expensive place in the Mount Rushmore State.
For more reading on life in Sioux Falls, check out:
Sioux Falls Cost Of Living Vs. South Dakota
Six factors go into calculating the cost of living index in Sioux Falls. Here is how it fares on each of the criteria:
The Services index in Sioux Falls is 100.
The Groceries index in Sioux Falls is 97.
The Health index in Sioux Falls is 105.
The Housing index in Sioux Falls is 92.
The Transportation index in Sioux Falls is 103.
The Utilities index in Sioux Falls is 92.
| Living Expense | Sioux Falls | South Dakota | National Average |
|---|---|---|---|
| Overall | 99 | 91 | 100 |
| Services | 100 | 98 | 100 |
| Groceries | 97 | 97 | 100 |
| Health | 105 | 77 | 100 |
| Housing | 92 | 98 | 100 |
| Transportation | 103 | 102 | 100 |
| Utilities | 92 | 93 | 100 |
Sioux Falls Cost Of Living Compared To South Dakota Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around South Dakota, check out:
- Most Expensive Cities In South Dakota
- Most Affordable Cities In South Dakota
- Average Rent In South Dakota
Source: Cost-of-living index 2026, normalized to US average = 100
Sioux Falls, SD Housing Cost Breakdown
Housing swings affordability the most between places in South Dakota, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Sioux Falls is $329,722.
The Median Rent in Sioux Falls is $1,035.
The Median Income in Sioux Falls is $75,970.
The Home Value To Income in Sioux Falls is 4.3x.
The Rent To Monthly Income in Sioux Falls is 0.16x.
| Statistic | Sioux Falls | South Dakota | United States |
|---|---|---|---|
| Median Home Value | $329,722 | $317,148 | $332,700 |
| Median Rent | $1,035 | $946 | $1,413 |
| Median Income | $75,970 | $75,081 | $80,734 |
| Home Value To Income | 4.3x | 4.2x | 4.1x |
| Rent To Monthly Income | 0.16x | 0.15x | 0.21x |
Sioux Falls, SD Costs By Category
Detailed Sioux Falls Services costs vs. South Dakota
| Item | Sioux Falls | South Dakota |
|---|---|---|
| Shampoo | $1.29 | $1.28 |
| Movie | $9.36 | $12.13 |
| Bowling | $16.4 | $18 |
| Haircut | $24.32 | $24.26 |
| Beauty Salon | $35.22 | $45.56 |
Detailed Sioux Falls Groceries costs vs. South Dakota
| Item | Sioux Falls | South Dakota |
|---|---|---|
| Ground Beef | $5.89 | $5.84 |
| Fried Chicken | $1.41 | $1.57 |
| Milk | $4.75 | $4.67 |
| Potatoes | $4.63 | $4.93 |
| Pizza | $10.64 | $12.09 |
| Beer | $9.33 | $10.41 |
| Toothpaste | $3.8 | $3.7 |
Detailed Sioux Falls Health costs vs. South Dakota
| Item | Sioux Falls | South Dakota |
|---|---|---|
| Optometrist | $135.1 | $125.68 |
| Doctor | $177.33 | $135.78 |
| Dentist | $108.21 | $113.29 |
Detailed Sioux Falls Transportation costs vs. South Dakota
| Item | Sioux Falls | South Dakota |
|---|---|---|
| Gasoline | $3.28 | $3.46 |
| Tire Balancing | $49.42 | $59.92 |
Detailed Sioux Falls Utilities costs vs. South Dakota
| Item | Sioux Falls | South Dakota |
|---|---|---|
| All Electricity | $141.67 | $193.99 |
| Phone | $194.04 | $192.25 |
Sioux Falls SnackAbility
Cost Of Living In Cities Around Sioux Falls
The cost of living varies in the cities and towns around Sioux Falls. Here's a quick look at the cost of living in the most populous nearby places:
Brandon, SD has a cost of living index of 102, 1.0x Sioux Falls.
Harrisburg, SD has a cost of living index of 100, 1.0x Sioux Falls.
Tea, SD has a cost of living index of 102, 1.0x Sioux Falls.
| City | Population | Cost Of Living | Vs. Sioux Falls |
|---|---|---|---|
| Brandon, SD | 10,996 | 102 | 1.0x |
| Harrisburg, SD | 8,519 | 100 | 1.0x |
| Tea, SD | 6,786 | 102 | 1.0x |
