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Sioux Falls, SD

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
64
Very Affordable
Median Home Value
$271,400
National: $426,735
Median Rent
$993/mo
National: $1,527/mo
Household Income
$74,714
National: $84,532
Population
197,642
Purchasing Power
138
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
64 / 100
100 = national average
Rent Index
65 / 100
Overall Index
64
Very Affordable

Sioux Falls Mortgage Calculator

Pre-filled with the local median home value of $271,400 and South Dakota's property tax rate of 1.08%.

Salary & Purchasing Power

Median household income is $74,714 12% below the national average.

What $74,714 in Sioux Falls Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$176,278+136%
Los Angeles, CA$198,459+166%
Indianapolis city (balance), IN$68,877-8%
Oklahoma City, OK$68,877-8%

Property Tax in Sioux Falls, SD

Est. Annual Property Tax
$2,931
Monthly Impact
$244
Added to your mortgage
Effective Rate
1.08%
National avg: ~1.00%

South Dakota Tax Overview

Tax TypeSouth DakotaNational Avg
Property Tax Rate1.08%1.00%
Top Income Tax RateNo State Income Tax~5.0%
State Sales Tax6.11%~5.0%

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Cost of Living Comparison

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Sioux Falls, SD
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Sioux Falls, SD: 64
Rent Prices
65
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR