Minnehaha County · South Dakota
Cost of living in Sioux Falls, SD
Price levels published by the Bureau of Economic Analysis for Sioux Falls, SD-MN, with the national average set to 100 — so 108 means things cost 8% more here than the US average.
Quick answer
Living in Sioux Falls, SD costs 9.4% below the national average — an all-items price level of 90.6. To match the buying power of a $100,000 national-average salary you would need about $90,631 here.
- All items
- 90.6US average = 100
- Housing
- 77.622.4% below the national average
- Goods
- 95.54.5% below the national average
- Other services
- 91.98.1% below the national average
Price level by component
Where the difference actually comes from.
| Component | Index | vs US | What it covers |
|---|---|---|---|
| Goods | 95.5 | -4.5% | Groceries, fuel, clothing, durable purchases. |
| Housing | 77.6 | -22.4% | Rents and imputed rents — the biggest single swing factor. |
| Utilities | 80.7 | -19.3% | Electricity, gas, water and other household energy. |
| Other services | 91.9 | -8.1% | Healthcare, dining, repairs, personal services. |
What your salary is worth in Sioux Falls, SD
Enter a salary. We deflate it by the local price level (90.6 where 100 is the US average) and show what you would need to earn here to match the same pay somewhere average.
- Real value here
- $77,953
- Needed to match US average
- $64,031
- Monthly difference
- $-552
What a local paycheck is really worth
Nominal pay is only half the story.
The median household in Sioux Falls earns $70,650. Deflated by the local price level, that is $77,953 in national-average dollars — the BEA calls this real income, and it is simply income × 100 ÷ 90.6.
More on Sioux Falls
Same city, other datasets.
2024 BEA Regional Price Parities, published for Sioux Falls, SD-MN. Parities are metro-wide, so a single neighbourhood can sit well above or below these figures.