Sioux Falls Development Foundation - Cost of Living
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COST OF LIVING

Compared to other major metro areas in the Midwest or major regional cities, it costs less to live in Sioux Falls, too. Check out the comparisons here.

Cost of Living Comparison

Component Weight 100% 13% 28% 10% 10% 4% 35%
  All Items Food Housing Utilities Transportation Health Misc. Service
Chicago, IL 116.8 111.2 134.4 117.5 116.5 108.3 104.4
Minneapolis, MN 110.9 111.5 116.5 105.0 103.7 105.2 110.4
Denver, CO 103.1 101.0 107.2 102.1 95.4 105.7 102.7
Missoula, MT 99.4 110.2 91.9 98.5 102.2 107.0 100.1
Rochester, MN 99.1 89.6 90.8 105.1 106.2 109.1 105.0
Kansas City, MO 97.7 94.8 88.9 100.0 100.8 97.0 105.1
Ames, IA 96.7 93.7 104.5 82.5 101.8 98.2 93.7
Iowa City, IA 96.2 94.9 97.1 80.3 102.8 95.3 98.9
Sioux Falls, SD 94.1 91.5 86.5 101.9 86.9 102.1 100.6
Source: Council for Community & Economic Research ACCRA Cost of Living Index Inter-City Index (US Average = 100) 2011 Annual Average


Median Existing Home Price

4th Quarter 2000 $108,700
4th Quarter 2005 $136,400
4th Quarter 2010 $140,100
1st Quarter 2013 $148,700
Source: National Association of Realtors, www.realtor.org