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City guide · South Dakota

Moving to Sioux Falls, SD

Banking hub, no income tax, growing fast.

Pop. 193kCost index 92.0 · 100 = US avgMedian rent $1,100/moMedian home $295kWalk score 41

Sioux Falls (metro area) has an overall price level 92.0 (US avg = 100). Housing dominates the difference.

Overall price index
92.0
Housing index
67.6
Groceries index (modeled)
98.0
Utilities index (modeled)
98.8
Electricity rate
14.3 ¢/kWh
Transportation index (modeled)
98.4
Median home value (est.)
$295,000
Median monthly rent (est.)
$1,100/mo

Sources: BLS LAUS 2026-04 · Census ACS 2024 (live) state-level

South Dakota unemployment is 2.2% with median household income $77k.

Unemployment rate
2.2%
Median household income
$76,881
Per-capita income
$41,637
Labor-force participation
67.9%
Right-to-work state
Yes
Nurse Licensure Compact
Member

Sources: FEMA NRI 2025 · Census ACS 2024 (live) city-level

Sioux Falls: median home value $295,000.

Home value
$295,000
Rent
$1,100/mo
Homeownership rate
68.0%
Natural-hazard risk (FEMA county avg)
27/100
Hurricane exposure
Low
Wildfire exposure
Low
Tornado risk
Low
Earthquake risk
Low

South Dakota 4th-grade math proficiency: 42.5% at/above NAEP proficient.

4th-grade math proficiency
42.5%
Per-pupil spending
$10,950
Student–teacher ratio (est.)
15
Public 4-yr grad rate
53.0%
Notable universities
Public flagship + regional schools

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