salarySioux Falls is 14% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Sioux Falls to live the same way.
🏠 Rent per month
$1,651
$1,314
🛏️ 2-bedroom rent
$1,565
$1,172
💵 Families earn per year
$111,392
$81,934
🔑 Buying a house
$395,900
$292,400
📊 Overall prices (U.S. = 100)
105.4
90.6
🏛️ Property tax per year
$4,982
$3,389
⚡ Electric bill per month
$136
$105
👥 People living there
288,976
201,469
Commute to work
18.8 min
17 min
College degree
38.7%
38.1%
Own their home
63.9%
59.5%
Below poverty line
8.9%
9.6%
Unemployment
4.6%
2.5%
Bottom line
- Pick Anchorage for higher incomes, a more educated workforce, less poverty.
- Pick Sioux Falls for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
Pay for the same job
| Job | Anchorage | Sioux Falls | Difference |
|---|---|---|---|
| Plumber | $93,600 | $55,000 | -41% in Sioux Falls |
| Elementary School Teacher | $79,270 | $50,040 | -37% in Sioux Falls |
| Licensed Practical Nurse | $82,330 | $53,520 | -35% in Sioux Falls |
| Registered Nurse | $115,290 | $75,350 | -35% in Sioux Falls |
| Police Officer | $115,020 | $77,440 | -33% in Sioux Falls |
| Carpenter | $72,800 | $49,410 | -32% in Sioux Falls |
| Dental Hygienist | $132,740 | $92,350 | -30% in Sioux Falls |
| HVAC Technician | $85,620 | $62,440 | -27% in Sioux Falls |
Frequently asked questions
Is Anchorage or Sioux Falls cheaper to live in?
Sioux Falls is about 14% cheaper overall. Rent is $1,314 a month there versus $1,651 in Anchorage.
What salary do I need in Sioux Falls to match $60,000 in Anchorage?
About $51,583 a year gives the same standard of living in Sioux Falls.
Where do people earn more, Anchorage or Sioux Falls?
The typical household earns $111,392 in Anchorage and $81,934 in Sioux Falls, 36% more in Anchorage.