CostIndexUSA

Bozeman, MT vs Sioux Falls, SD Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MT
Bozeman
102.5
overall index
$2,100/mo rent
More AffordableSD
Sioux Falls
90.6
overall index
$1,225/mo rent

Sioux Falls is moderately cheaper than Bozeman — 11.6% lower overall cost of living.

To match an $80,000 salary in Bozeman, you would need $70,700 in Sioux Falls. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing44.3%
Bozeman
139.2
Sioux Falls
77.6
🛒 Groceries≈ Equal
Bozeman
96
Sioux Falls
95.5
🚗 Transportation6.9%
Bozeman
103.7
Sioux Falls
96.5
🏥 Healthcare6.9%
Bozeman
93.8
Sioux Falls
87.3
Utilities+9.6%
Bozeman
73.6
Sioux Falls
80.7

Salary Equivalency Calculator

Enter your current salary in Bozeman to see what you'd need to earn in Sioux Falls to maintain the same purchasing power.

$
Equivalent salary in Sioux Falls, SD
$70,700
$9,300 less needed in Sioux Falls

Formula: salary × (90.6 ÷ 102.5) = salary × 0.8839. Based on BEA Regional Price Parities.

Housing Market

Bozeman, MT

Median Home Price
$678,000
Median Monthly Rent
$2,100
Housing Index
139.2
Price-to-Rent Ratio
26.9×

Sioux Falls, SD

Median Home Price
$329,000
Median Monthly Rent
$1,225
Housing Index
77.6
Price-to-Rent Ratio
22.4×

Bozeman has 44.3% lower housing costs compared to Sioux Falls.

Income & Job Market

Bozeman, MT

Median Household Income
$91,200
Per Capita Income
$52,000
Unemployment Rate
2.4%
Population
53,293
Top Industries
EducationTechnologyTourismHealthcareAgriculture

Sioux Falls, SD

Median Household Income
$76,200
Per Capita Income
$43,400
Unemployment Rate
2%
Population
192,517
Top Industries
FinanceHealthcareRetailManufacturingAgriculture

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Bozeman, MT
3.6×income-to-rent ratio

72% of income left after rent (median)

Sioux Falls, SD
5.2×income-to-rent ratio

81% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.