Sioux Falls participates in the C2ER Cost of Living Index.
Click on the link below and view page 26 for further details.
Sioux Falls’ Cost of Living
100% equals the national average . . . Sioux Falls cost of living is below the national average.
Source: Council for Community & Economic Research Cost of Living Index Inter-City Index (US Average = 100) Q2, 2022
When compared to other cities in the region, Sioux Falls’ housing prices are affordable. In 2019, the median existing home price was $221,400 and the average monthly rent for a two-bedroom apartment was $850.