What Salary Do You Need to Live in Sioux Falls, SD?

To live comfortably in Sioux Falls, a household needs to earn roughly $45,000/year. That's about $3,750/month before taxes.

The Number: $45,000/year

At $45,000 per year, a household in Sioux Falls can afford median-priced rental housing at roughly 28% of gross income.

This is based on Sioux Falls's median monthly rent of $1,105 and the 28% housing guideline. Source: Census ACS 2024.

Sioux Falls at a Glance

Median rent$1,105/mo
Median home price$332,600
Median household income$77,208
State income taxNone
Sales tax6.5%

Sources: Census ACS 2024, Tax Foundation.

For Single Residents

A single person can live comfortably in Sioux Falls on roughly $30,000/year. That's about $2,500/month before taxes.

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Note: Salary estimates are based on the 28% housing guideline applied to median rents from Census ACS 2024. Individual circumstances vary. Full disclaimer.

Salary Questions About Sioux Falls

The median monthly rent is $1,105. Using the 30% guideline, you need about $44,000/year to afford this comfortably.

The median home price is $332,600. With a 20% down payment, you would need roughly $66,520 saved and a household income to support the mortgage payments.

The median household income is $77,208/year. Our recommended salary of $45,000/year is near the median, reflecting a comfortable (not extravagant) standard of living.