Minnehaha County · South Dakota
Sioux Falls cost of living (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
Sioux Falls costs 9.4% below the national average — all-items price level 90.6, rank 87 of 94 covered metros. A $100,000 national-average salary needs to be $90,631 here. Housing is the reason, at 77.6.
- 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.
$70,650 median household income in Sioux Falls is worth $77,953 in national-average dollars. BEA calls that real income: income × 100 ÷ 90.6.
More Sioux Falls data
Other Sioux Falls datasets on this site.
- Sioux Falls population and income
- Sioux Falls sales tax rate
- Sioux Falls property tax
- Sioux Falls home values and rent
- Sioux Falls crime rates
- Sioux Falls public schools
- Sioux Falls weather normals
- Sioux Falls commute times
- Sioux Falls jobs and wages
Statewide: South Dakota cities · South Dakota ZIP codes · South Dakota sales tax · South Dakota counties
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.