Side-by-side cost of living comparison for 2026
50% cheaper
Sioux Falls is 50% more affordable than New York City. A $75,000 salary in New York City is equivalent to $37,299 in Sioux Falls.
Index values shown. National average = 100. Lower is cheaper.
To maintain the same standard of living:
See exact take-home pay: New York salaries · South Dakota salaries
Housing is typically the biggest factor in any cost-of-living comparison. New York City has a housing index of 302 while Sioux Falls sits at 80 (national average = 100). The median home in New York City costs $680,000 compared to $265,000 in Sioux Falls, a difference of $415,000. Monthly rent follows a similar pattern: $3,200 in New York City versus $1,100 in Sioux Falls.
Groceries and everyday expenses show a notable difference: New York City scores 109 while Sioux Falls scores 97.
Healthcare costs in New York City (108) are higher than Sioux Falls (101).
Median household income in New York City is $67,046 compared to $61,714 in Sioux Falls. When adjusted for cost of living, income goes further in Sioux Falls.
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