๐Ÿ“Š Cost of Living Comparison

Newark vs Sioux Falls

Side-by-side cost of living comparison for 2026

Newark

New Jersey
121
Expensive
$340,000
Median Home
$1,400/mo
Median Rent
$40,014
Median Income

Sioux Falls

South Dakota
93
Below Average
$265,000
Median Home
$1,100/mo
Median Rent
$61,714
Median Income

๐Ÿ’ก The Verdict

23% cheaper
Sioux Falls is 23% more affordable than Newark. A $75,000 salary in Newark is equivalent to $57,645 in Sioux Falls.

Category-by-Category Breakdown

Index values shown. National average = 100. Lower is cheaper.

Housing
149
Newark
80
Sioux Falls
Groceries
103
Newark
97
Sioux Falls
Utilities
118
Newark
94
Sioux Falls
Transportation
115
Newark
98
Sioux Falls
Healthcare
105
Newark
101
Sioux Falls

๐Ÿ’ฐ Salary Equivalence

To maintain the same standard of living:

$57,645
$75K in Newark โ†’ Sioux Falls
$97,581
$75K in Sioux Falls โ†’ Newark

See exact take-home pay: New Jersey salaries ยท South Dakota salaries

Living in Newark vs Sioux Falls

Housing is typically the biggest factor in any cost-of-living comparison. Newark has a housing index of 149 while Sioux Falls sits at 80 (national average = 100). The median home in Newark costs $340,000 compared to $265,000 in Sioux Falls, a difference of $75,000. Monthly rent follows a similar pattern: $1,400 in Newark versus $1,100 in Sioux Falls.

Groceries and everyday expenses show a notable difference: Newark scores 103 while Sioux Falls scores 97. Both cities are close to the national average for grocery costs.

Healthcare costs in Newark (105) are higher than Sioux Falls (101). Both are close to the national average.

Median household income in Newark is $40,014 compared to $61,714 in Sioux Falls. When adjusted for cost of living, income goes further in Sioux Falls.

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