Housing costs in Sioux Falls?
A typical home costs
$368,100, which is 8.9% more expensive than the national average of
$338,100 and 37.4% more expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Sioux Falls costs
$1,010 per month, which is 11.0% more than the national average of
$910 and 5.9% more than the state average of
$950.
Can I afford Sioux Falls?
To live comfortably in Sioux Falls (zip 57110), South Dakota, a minimum annual income of
$70,560 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Sioux Falls?
The cost of living in 57110 Sioux Falls, SD is quite reasonable. The median home value is $179,800, which is significantly lower than the national average of $231,200. Additionally, the cost of consumer goods and services are also less expensive when compared to other cities in the US. The median household income for 57110 is $54,255 which is slightly higher than the state average of $50,957. This allows residents to enjoy a high quality of life at an affordable cost. With its low taxes and numerous recreational activities available throughout the city, Sioux Falls offers a great balance between affordability and quality living standards.