Housing costs in Sioux Falls?
A typical home costs
$308,600, which is 8.7% less expensive than the national average of
$338,100 and 15.1% more expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Sioux Falls costs
$1,010 per month, which is 29.4% cheaper than the national average of
$1,430 and 9.9% more than the state average of
$910.
Can I afford Sioux Falls?
To live comfortably in Sioux Falls, South Dakota, a minimum annual income of
$59,040 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Sioux Falls?
Sioux Falls, SD is a great place to live on a budget. The cost of living index here is almost 15% lower than the national average with low housing prices, affordable transportation options and below-average grocery and utilities costs.