CostIndexUSA

Cape Coral, FL vs Sioux Falls, SD Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

FL
Cape Coral
102.3
overall index
$1,825/mo rent
More AffordableSD
Sioux Falls
90.6
overall index
$1,225/mo rent

Sioux Falls is moderately cheaper than Cape Coral — 11.4% lower overall cost of living.

To match an $80,000 salary in Cape Coral, you would need $70,800 in Sioux Falls. Calculate your salary ↓

Category Breakdown

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

🏠 Housing38.0%
Cape Coral
125.1
Sioux Falls
77.6
🛒 Groceries0.7%
Cape Coral
96.2
Sioux Falls
95.5
🚗 Transportation7.0%
Cape Coral
103.8
Sioux Falls
96.5
🏥 Healthcare7.0%
Cape Coral
93.9
Sioux Falls
87.3
Utilities7.1%
Cape Coral
86.9
Sioux Falls
80.7

Salary Equivalency Calculator

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

$
Equivalent salary in Sioux Falls, SD
$70,800
$9,200 less needed in Sioux Falls

Formula: salary × (90.6 ÷ 102.3) = salary × 0.8856. Based on BEA Regional Price Parities.

Housing Market

Cape Coral, FL

Median Home Price
$337,000
Median Monthly Rent
$1,825
Housing Index
125.1
Price-to-Rent Ratio
15.4×

Sioux Falls, SD

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

Cape Coral has 38.0% lower housing costs compared to Sioux Falls.

Income & Job Market

Cape Coral, FL

Median Household Income
$71,500
Per Capita Income
$40,800
Unemployment Rate
3.7%
Population
194,016
Top Industries
HealthcareRetailConstructionTourismFinance

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).

Cape Coral, FL
3.3×income-to-rent ratio

69% 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.