The Good Life for Less

One of the reasons Sioux Falls keeps growing is that families have discovered that it costs less to live well here than in most metropolitan areas. You keep more of what you earn-and your dollar goes further in Sioux Falls.

Pay less in taxes, and for driving, too!
Sioux Falls, South Dakota has NO personal income tax and NO personal property tax. Furthermore, families moving here can expect their income to go further. Living in Sioux Falls is very affordable. Even operating a car costs less in Sioux Falls than anywhere else in the nation. Runzhiemer International considered insurance, registration fees, fuel costs and maintenance and judged that Sioux Falls drivers pay about $8,763 per year to keep their cars in running condition. The most expensive place in the nation to own a car? Detroit, with an annual operating cost of $13,199.

[Residential Housing Costs] [Cost of Living]

Residential Housing Stats

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Cost of Living Stats

Component Weight 100% 13% 28% 10% 10% 4% 35%   Chicago 112.2 107.8 130.5 106.9 113.3 112.5 99.1 Minneapolis 111.7 115.9 123.2 102.0 100.6 108.6 107.0 St. Paul 108.6 111.4 114.3 101.4 100.0 105.9 107.7 Denver 104.1 103.6 108.6 93.0 98.5 104.6 105.5 Missoula 102.4 120.8 92.9 95.2 105.7 105.6 104.6 St. Cloud 99.4 101.2 83.2 120.6 97.0 99.9 107.2 Kansas City 96.0 95.2 88.2 87.2 99.9 97.2 104.5 Eau Claire 92.7 93.0 86.5 87.5 101.7 105.2 95.2 Sioux Falls 91.3 89.4 85.8 84.7 86.6 101.7 99.1 Source:  American Chamber of Commerce Research Association’s Cost of Living Indicators Inter-City Index (US Average is 100) - 2nd Quarter, 2009

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