salarySioux Falls is 7% 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
$1,723
$1,314
🛏️ 2-bedroom rent
$1,628
$1,172
💵 Families earn per year
$84,177
$81,934
🔑 Buying a house
$372,900
$292,400
📊 Overall prices (U.S. = 100)
97.3
90.6
🏛️ Property tax per year
$6,541
$3,389
⚡ Electric bill per month
$120
$105
👥 People living there
278,001
201,469
Commute to work
19.4 min
17 min
College degree
59.9%
38.1%
Own their home
46%
59.5%
Below poverty line
16.4%
9.6%
Unemployment
2.7%
2.5%
Bottom line
- Pick Madison for higher incomes, a more educated workforce.
- Pick Sioux Falls for lower rent, cheaper 2-bedroom apartments, cheaper homes and 3 more.
Pay for the same job
| Job | Madison | Sioux Falls | Difference |
|---|---|---|---|
| Plumber | $85,160 | $55,000 | -35% in Sioux Falls |
| Registered Nurse | $101,190 | $75,350 | -26% in Sioux Falls |
| Software Developer | $130,630 | $101,040 | -23% in Sioux Falls |
| Carpenter | $63,480 | $49,410 | -22% in Sioux Falls |
| Electrician | $78,430 | $61,470 | -22% in Sioux Falls |
| Elementary School Teacher | $63,690 | $50,040 | -21% in Sioux Falls |
| Licensed Practical Nurse | $64,550 | $53,520 | -17% in Sioux Falls |
| Nursing Assistant | $45,260 | $39,190 | -13% in Sioux Falls |
Frequently asked questions
Is Madison or Sioux Falls cheaper to live in?
Sioux Falls is about 7% cheaper overall. Rent is $1,314 a month there versus $1,723 in Madison.
What salary do I need in Sioux Falls to match $60,000 in Madison?
About $55,895 a year gives the same standard of living in Sioux Falls.
Where do people earn more, Madison or Sioux Falls?
The typical household earns $84,177 in Madison and $81,934 in Sioux Falls, 3% more in Madison.