Cost of Living in Sioux Falls, SD
| Cost of Living in Sioux Falls, SD | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 1% lower | 13% lower |
| Utilities (Monthly) | 4% lower | 17% lower |
| Food | 0% | 3% lower |
| Healthcare | 5% higher | 4% higher |
| Transportation | 7% lower | 9% lower |
| Goods & Services | 3% lower | 9% lower |
The cost of living in Sioux Falls, SD is 2% lower than the state average and 9% lower than the national average. Sioux Falls, SD housing is 13% cheaper than the U.S average, while utilities are about 17% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 3% cheaper in Sioux Falls, SD than in the rest of the country, while clothing costs around 9% less .
Healthcare services such as doctor check-ups and dentistry cost 4% more here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 9% cheaper in Sioux Falls, SD.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Sioux Falls is $1,074, while home prices circle around $442,460.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Sioux Falls, energy bills cost around $140.56 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $4.77 in Sioux Falls, a dozen eggs go for around $3.77 and a pound of potatoes circles around $4.48.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Sioux Falls, an optometry check-up costs around $136.00, while a dentist appointment is priced $108.80 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.17 in Sioux Falls, while getting your tires balanced will run you about $49.87.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $40.17 here. Meanwhile, a pair of women's slacks will set you back around $29.69.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Sioux Falls, you should budget around $9.26 a month. When it comes to personal services, a haircut usually goes for $24.03, while dry cleaning costs about $15.79.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Sioux Falls, the median household income is $74,714.