Cost of Living Analytics

Cost of Living / Sioux Falls, SD Metro

Cost of Living in Sioux Falls, SD Metro

Official metro name: Sioux Falls, SD Metro Area

Sioux Falls, SD Metro has a population of 277,944. Median household income is $78,552 and median rent is $961 per month. Rent is roughly 14.7% of median monthly income.

State: SDPopulation: 277,944Income: $78,552Rent: $961Affordability: Affordable (14.7%)
Median Household Income
$78,552
Annual (ACS median)
Median Rent
$961
Monthly (ACS median gross rent)
Rent as % of Income
14.7%
rent ÷ (income/12)
Cost Index
105
Simplified relative index

Is Sioux Falls, SD Metro expensive?

Based on median rent and income, Sioux Falls, SD Metro has a Affordable rent burden. Median rent is $961, which is about 14.7% of median monthly household income.

Average rent in Sioux Falls, SD Metro

Median rent (ACS) is $961 per month. (Neighborhoods vary widely.)

How much income do you need in Sioux Falls, SD Metro?

Median household income (ACS) is $78,552 per year. Housing costs take a bigger share of income when rent burden is high.

Data sources

  • US Census Bureau American Community Survey (ACS).
  • Affordability metric: median rent ÷ (median household income / 12).
  • Figures are metro-level medians; local variation is expected.