Sioux Falls is 10% 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
$2,185
$1,314
🛏️ 2-bedroom rent
$1,814
$1,172
💵 Families earn per year
$103,336
$81,934
🔑 Buying a house
$463,600
$292,400
📊 Overall prices (U.S. = 100)
100.7
90.6
🏛️ Property tax per year
$2,160
$3,389
⚡ Electric bill per month
$204
$105
👥 People living there
196,906
201,469
Commute to work
28.2 min
17 min
College degree
36.3%
38.1%
Own their home
76%
59.5%
Below poverty line
8.4%
9.6%
Unemployment
4%
2.5%
Bottom line
- Pick Peoria for higher incomes, less poverty.
- Pick Sioux Falls for lower rent, cheaper 2-bedroom apartments, cheaper homes and 3 more.
Frequently asked questions
Is Peoria or Sioux Falls cheaper to live in?
Sioux Falls is about 10% cheaper overall. Rent is $1,314 a month there versus $2,185 in Peoria.
What salary do I need in Sioux Falls to match $60,000 in Peoria?
About $54,013 a year gives the same standard of living in Sioux Falls.
Where do people earn more, Peoria or Sioux Falls?
The typical household earns $103,336 in Peoria and $81,934 in Sioux Falls, 26% more in Peoria.