Housing costs in Sioux Falls?
A typical home costs
$341,400, which is 1.0% more expensive than the national average of
$338,100 and 27.4% more expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Sioux Falls costs
$950 per month, which is 4.4% more than the national average of
$910 and close to the state average of
$950.
Can I afford Sioux Falls?
To live comfortably in Sioux Falls (zip 57117), South Dakota, a minimum annual income of
$65,520 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Sioux Falls?
The cost of living in Sioux Falls, SD, zip code 57117 is very affordable. The overall cost of living is about 10 percent below the national average. Housing prices are on the lower side; with a median home value of $219,800, it's still cheaper than the national average. Utilities are also reasonably priced and transportation costs remain low. Groceries and healthcare costs are slightly higher than the national average but generally remain quite affordable for many people. In short, Sioux Falls offers an affordable place to live with plenty of amenities and opportunities to enjoy life.