Cost of LivingUpdated 2026-11-11

Sioux Falls, South Dakota

Living in Sioux Falls, South Dakota is about 22% cheaper than the national average, with a cost of living index of 78 (US = 100). Typical rent is $1,265 a month, 35% below the national figure of $1,932, and regular gas costs $3.90 a gallon versus $3.98 nationally as of November 11, 2026. Rent, gas, groceries, electricity and car insurance take about 35% of the area's $76,074 median household income.

Statesโ€บSouth Dakotaโ€บSioux Falls

Key Numbers

Gas (Regular)

$3.90

National: $3.98

โ†‘ 244.7%since 2000
โœ“ AAA Gas Prices

Avg Rent (All)

$1,265

National: $1,932

โ†‘ 21.6%since 2021
โœ“ Zillow ZORI Sioux Falls, SD metro (2026-09)

Grocery Inflation

1.77%

Year-over-year

โœ“ BLS/FRED CPI

Fast Food Avg

$11.25

Combo meal

โ†‘ 3.5%YoY

Electricity

15.15ยข

per kWh ยท ~$136/mo

โ†“ 17.8%vs US avg
โœ“ EIA Residential

Car Insurance

$148/mo

$1,780/yr

โ†“ 17.2%vs national avg
โœ“ Bankrate/NAIC

Median Household Income

$76,074

35.2% goes to essentials

โ†“ 35.2%cost burden
โœ“ Census ACS 2023
๐Ÿš—

Car Insurance

Avg $1,780 in Sioux Falls. Compare rates:

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Find Apartments

Avg rent $1,265/mo in Sioux Falls. Browse listings:

Browse listings โ†’Verified listings

Grocery Prices

Grocery Prices โ€” 2000 to Present

National BLS averages ยท submit local prices below โ†“

Eggs (dozen)

Bird flu volatility

$0.97 in 2000 โ†’ $2.32 BLS avg

+137.9%

Milk (gallon)

$2.79 in 2000 โ†’ $4.10 BLS avg

+47.3%

Ground Beef (lb)

$1.48 in 2000 โ†’ $6.75 BLS avg

+355.5%

Bread (loaf)

$0.91 in 2000 โ†’ $1.86 BLS avg

+105.2%

Chicken Breast (lb)

$1.06 in 2000 โ†’ $2.03 BLS avg

+91.3%

Butter (lb)

$3.98 BLS avg

-4.2% since 2018

Bacon (lb)

$2.75 in 2000 โ†’ $6.69 BLS avg

+143.1%

Cheddar Cheese (lb)

$3.84 in 2000 โ†’ $6.13 BLS avg

+59.6%

Pasta (lb)

$0.88 in 2000 โ†’ $1.38 BLS avg

+57.1%

Rice (5 lb)

$2.50 in 2000 โ†’ $5.50 BLS avg

+120.6%

Coffee (12 oz)

$2.65 in 2000 โ†’ $6.94 BLS avg

+161.3%

Orange Juice (64 oz)

Citrus shortage

$5.10 estimate

+42.9% since 2022

Potatoes (5 lb)

$1.96 in 2000 โ†’ $4.95 BLS avg

+152.6%

Apples (3 lb)

$4.76 estimate

+13.6% since 2022

Tomatoes (lb)

$1.44 in 2000 โ†’ $2.08 BLS avg

+44.4%

Lettuce (head)

$0.75 in 2000 โ†’ $1.96 BLS avg

+162.3%

Cooking Oil (48 oz)

$7.55 estimate

+46.0% since 2022

Yogurt (32 oz)

$4.51 estimate

+22.6% since 2022

Cereal (family size)

$5.59 estimate

+30.3% since 2022

Frozen Pizza

$8.32 estimate

+50.2% since 2022

Dining & Restaurants

Fast Food Meal

$11.25

Casual Dining

$17.40

Monthly Spend

$279.41

+3.46% YoY

Chain Restaurant Meal Prices โ€” 2022 vs. Today

Combo meal / typical order for one

McDonald's

2022: $6.29

$10.14

+61.2%

Wendy's

2022: $7.10

$10.95

+54.2%

Chipotle

2022: $7.61

$11.36

+49.3%

Starbucks

2022: $3.37

$4.68

+38.9%

Eating out more? Save on groceries with Ibotta and cook at home more often.

Looking for an Apartment in Sioux Falls?

Average 1BR: $1,037/mo ยท 2BR: $1,493/mo

Browse Sioux Falls Apartments โ†’

Local Workforce

2024 ยท BLS QCEW

Total Jobs

139k

Median Weekly Pay

$1,252

$65k/yr

Top Sector

Trade, Transportation & Utilities

Household vs Worker Pay

$76k

household median

Employment by Sector โ€” Sioux Falls

% of local workforce ยท avg weekly wage ยท 5-year growth trend

Trade, Transportation & Utilities
+12.4% 5yr$1,074/wk
22.5%

~$56k/yr

Education & Health Services
+7.9% 5yr$1,441/wk
20.9%

~$75k/yr

Leisure & Hospitality
+8.9% 5yr$483/wk
10.7%

~$25k/yr

Professional & Business Services
+7.8% 5yr$1,636/wk
9.2%

~$85k/yr

Construction
+1.6% 5yr$1,180/wk
8.9%

~$61k/yr

Source: BLS QCEW 2024 Annual ยท County FIPS 46099

Highest Paying Sector

Financial Activities

$1,757/wk ยท $91k/yr

Most Workers (lowest wage)

Leisure & Hospitality

$483/wk ยท $25k/yr

Sioux Falls Cost of Living FAQ

Is Sioux Falls, SD expensive to live in?

Sioux Falls has a cost of living index of 78, where 100 is the US average, so it is about 22% cheaper than average. It is the 2nd most affordable of the 3 South Dakota cities we track.

What is the average rent in Sioux Falls, SD?

Typical rent in Sioux Falls is $1,265 a month for all home types as of September 2026, 35% below the national figure of $1,932. One bedroom units average about $1,037 and two bedrooms about $1,493. Source: Zillow Observed Rent Index for the metro area.

Is rent going up in Sioux Falls?

Rent in Sioux Falls rose 3.8% over the past year, faster than the 2.7% change nationally.

How much is gas in Sioux Falls?

Regular unleaded costs about $3.90 a gallon in Sioux Falls as of November 11, 2026, based on the AAA average for South Dakota. That is 2% below the national average of $3.98.

How much is electricity in Sioux Falls?

Homes in South Dakota pay an average of 15.2 cents per kWh (EIA), versus 18.4 cents nationally. At 900 kWh a month, a typical bill in Sioux Falls is about $136.

How much is car insurance in Sioux Falls?

Full coverage car insurance averages $1,780 a year in South Dakota, or about $148 a month (Bankrate and NAIC state average), compared with $2,150 a year nationally.

How much do you need to live in Sioux Falls?

Median household income in the Sioux Falls area is $76,074 (Census ACS 2023, county level). Rent, gas, groceries, electricity and car insurance add up to about $26,783 a year, or 35% of that income. Groceries are counted at $5,846 a year, the average household spend on food at home in the region (BLS Consumer Expenditure Survey).

How does Sioux Falls compare with the rest of South Dakota?

Rent in Sioux Falls is 5% below the $1,332 average across the 3 South Dakota cities we track, and its cost of living index of 78 compares with a state average of 78.

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