salaryAbout the sameBased 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
$1,399
$1,314
🛏️ 2-bedroom rent
$1,194
$1,172
💵 Families earn per year
$55,797
$81,934
🔑 Buying a house
$169,000
$292,400
📊 Overall prices (U.S. = 100)
92.2
90.6
🏛️ Property tax per year
$1,845
$3,389
⚡ Electric bill per month
$223
$105
👥 People living there
618,980
201,469
Commute to work
21.1 min
17 min
College degree
28%
38.1%
Own their home
44.9%
59.5%
Below poverty line
23.1%
9.6%
Unemployment
8.3%
2.5%
Bottom line
- Pick Memphis for cheaper homes.
- Pick Sioux Falls for lower rent, cheaper 2-bedroom apartments, higher incomes and 4 more.
Pay for the same job
| Job | Memphis | Sioux Falls | Difference |
|---|---|---|---|
| Operations Manager | $102,510 | $142,730 | +39% in Sioux Falls |
| Server (Waiter/Waitress) | $24,550 | $29,920 | +22% in Sioux Falls |
| Software Developer | $125,580 | $101,040 | -20% in Sioux Falls |
| Firefighter | $62,910 | $50,840 | -19% in Sioux Falls |
| Elementary School Teacher | $61,510 | $50,040 | -19% in Sioux Falls |
| Dental Hygienist | $78,580 | $92,350 | +18% in Sioux Falls |
| Lawyer | $134,440 | $112,260 | -16% in Sioux Falls |
| Warehouse Worker | $39,510 | $44,420 | +12% in Sioux Falls |
Frequently asked questions
Is Memphis or Sioux Falls cheaper to live in?
Memphis and Sioux Falls cost about the same once rent and everyday costs are combined.
What salary do I need in Sioux Falls to match $60,000 in Memphis?
About $58,992 a year gives the same standard of living in Sioux Falls.
Where do people earn more, Memphis or Sioux Falls?
The typical household earns $55,797 in Memphis and $81,934 in Sioux Falls, 32% more in Sioux Falls.