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
$1,644
$1,314
🛏️ 2-bedroom rent
$1,520
$1,172
💵 Families earn per year
$69,657
$81,934
🔑 Buying a house
$353,000
$292,400
📊 Overall prices (U.S. = 100)
97.9
90.6
🏛️ Property tax per year
$3,150
$3,389
⚡ Electric bill per month
$141
$105
👥 People living there
229,359
201,469
Commute to work
21.7 min
17 min
College degree
45.6%
38.1%
Own their home
43.5%
59.5%
Below poverty line
18.2%
9.6%
Unemployment
5.7%
2.5%
Bottom line
- Pick Richmond for a more educated workforce.
- Pick Sioux Falls for lower rent, cheaper 2-bedroom apartments, higher incomes and 4 more.
Pay for the same job
| Job | Richmond | Sioux Falls | Difference |
|---|---|---|---|
| Operations Manager | $108,670 | $142,730 | +31% in Sioux Falls |
| Software Developer | $132,120 | $101,040 | -24% in Sioux Falls |
| Police Officer | $62,720 | $77,440 | +23% in Sioux Falls |
| Lawyer | $144,910 | $112,260 | -23% in Sioux Falls |
| Server (Waiter/Waitress) | $38,470 | $29,920 | -22% in Sioux Falls |
| Registered Nurse | $93,580 | $75,350 | -19% in Sioux Falls |
| Market Research Analyst | $81,660 | $66,060 | -19% in Sioux Falls |
| Elementary School Teacher | $61,290 | $50,040 | -18% in Sioux Falls |
Frequently asked questions
Is Richmond or Sioux Falls cheaper to live in?
Sioux Falls is about 7% cheaper overall. Rent is $1,314 a month there versus $1,644 in Richmond.
What salary do I need in Sioux Falls to match $60,000 in Richmond?
About $55,569 a year gives the same standard of living in Sioux Falls.
Where do people earn more, Richmond or Sioux Falls?
The typical household earns $69,657 in Richmond and $81,934 in Sioux Falls, 15% more in Sioux Falls.