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
$1,993
$1,314
🛏️ 2-bedroom rent
$1,977
$1,172
💵 Families earn per year
$133,966
$81,934
🔑 Buying a house
$471,800
$292,400
📊 Overall prices (U.S. = 100)
97.1
90.6
🏛️ Property tax per year
$7,791
$3,389
⚡ Electric bill per month
$182
$105
👥 People living there
210,600
201,469
Commute to work
27.8 min
17 min
College degree
54.1%
38.1%
Own their home
63.8%
59.5%
Below poverty line
5.7%
9.6%
Unemployment
3.7%
2.5%
Bottom line
- Pick McKinney for higher incomes, a more educated workforce, less poverty.
- Pick Sioux Falls for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
Frequently asked questions
Is McKinney or Sioux Falls cheaper to live in?
Sioux Falls is about 7% cheaper overall. Rent is $1,314 a month there versus $1,993 in McKinney.
What salary do I need in Sioux Falls to match $60,000 in McKinney?
About $56,027 a year gives the same standard of living in Sioux Falls.
Where do people earn more, McKinney or Sioux Falls?
The typical household earns $133,966 in McKinney and $81,934 in Sioux Falls, 64% more in McKinney.