Sioux Falls is 19% 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
$1,867
$1,314
🛏️ 2-bedroom rent
$1,573
$1,172
💵 Families earn per year
$56,147
$81,934
🔑 Buying a house
$373,700
$292,400
📊 Overall prices (U.S. = 100)
112.6
90.6
🏛️ Property tax per year
$7,262
$3,389
⚡ Electric bill per month
$143
$105
👥 People living there
310,178
201,469
Commute to work
32.6 min
17 min
College degree
19.7%
38.1%
Own their home
24.4%
59.5%
Below poverty line
23.4%
9.6%
Unemployment
11.6%
2.5%
Bottom line
- Pick Sioux Falls for lower rent, cheaper 2-bedroom apartments, higher incomes and 5 more.
Pay for the same job
| Job | Newark | Sioux Falls | Difference |
|---|---|---|---|
| Firefighter | $106,420 | $50,840 | -52% in Sioux Falls |
| Elementary School Teacher | $96,900 | $50,040 | -48% in Sioux Falls |
| Lawyer | $208,880 | $112,260 | -46% in Sioux Falls |
| Software Developer | $166,830 | $101,040 | -39% in Sioux Falls |
| Server (Waiter/Waitress) | $47,610 | $29,920 | -37% in Sioux Falls |
| Registered Nurse | $119,720 | $75,350 | -37% in Sioux Falls |
| Market Research Analyst | $100,520 | $66,060 | -34% in Sioux Falls |
| Carpenter | $74,300 | $49,410 | -33% in Sioux Falls |
Frequently asked questions
Is Newark or Sioux Falls cheaper to live in?
Sioux Falls is about 19% cheaper overall. Rent is $1,314 a month there versus $1,867 in Newark.
What salary do I need in Sioux Falls to match $60,000 in Newark?
About $48,309 a year gives the same standard of living in Sioux Falls.
Where do people earn more, Newark or Sioux Falls?
The typical household earns $56,147 in Newark and $81,934 in Sioux Falls, 31% more in Sioux Falls.