CostIndexUSA

New York, NY vs Sioux City, IA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NY
New York
112.6
overall index
$3,225/mo rent
More AffordableIA
Sioux City
86.5
overall index
$1,150/mo rent

Sioux City is significantly cheaper than New York — 23.2% lower overall cost of living.

To match an $80,000 salary in New York, you would need $61,500 in Sioux City. Calculate your salary ↓

Category Breakdown

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

🏠 Housing61.1%
New York
148.6
Sioux City
57.8
🛒 Groceries14.8%
New York
110.3
Sioux City
94
🚗 Transportation12.3%
New York
111.1
Sioux City
97.4
🏥 Healthcare12.3%
New York
100.5
Sioux City
88.1
Utilities34.9%
New York
127
Sioux City
82.7

Salary Equivalency Calculator

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

$
Equivalent salary in Sioux City, IA
$61,500
$18,500 less needed in Sioux City

Formula: salary × (86.5 ÷ 112.6) = salary × 0.7682. Based on BEA Regional Price Parities.

Housing Market

New York, NY

Median Home Price
$703,000
Median Monthly Rent
$3,225
Housing Index
148.6
Price-to-Rent Ratio
18.2×

Sioux City, IA

Median Home Price
$211,000
Median Monthly Rent
$1,150
Housing Index
57.8
Price-to-Rent Ratio
15.3×

New York has 61.1% lower housing costs compared to Sioux City.

Income & Job Market

New York, NY

Median Household Income
$95,200
Per Capita Income
$54,300
Unemployment Rate
5.2%
Population
8,336,817
Top Industries
FinanceTechnologyMediaReal EstateHealthcare

Sioux City, IA

Median Household Income
$70,700
Per Capita Income
$40,300
Unemployment Rate
3%
Population
82,684
Top Industries
HealthcareManufacturingAgricultureRetailEducation

Affordability at a Glance

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

New York, NY
2.5×income-to-rent ratio

59% of income left after rent (median)

Sioux City, IA
5.1×income-to-rent ratio

80% 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.