CostIndexUSA

Sioux Falls, SD vs Tampa, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableSD
Sioux Falls
90.6
overall index
$1,225/mo rent
FL
Tampa
100.9
overall index
$1,975/mo rent

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

To match an $80,000 salary in Sioux Falls, you would need $89,100 in Tampa. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+62.1%
Sioux Falls
77.6
Tampa
125.8
🛒 Groceries≈ Equal
Sioux Falls
95.5
Tampa
95.5
🚗 Transportation+6.1%
Sioux Falls
96.5
Tampa
102.4
🏥 Healthcare+6.2%
Sioux Falls
87.3
Tampa
92.7
Utilities+9.7%
Sioux Falls
80.7
Tampa
88.5

Salary Equivalency Calculator

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

$
Equivalent salary in Tampa, FL
$89,100
$9,100 more needed in Tampa

Formula: salary × (100.9 ÷ 90.6) = salary × 1.1137. Based on BEA Regional Price Parities.

Housing Market

Sioux Falls, SD

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

Tampa, FL

Median Home Price
$352,000
Median Monthly Rent
$1,975
Housing Index
125.8
Price-to-Rent Ratio
14.9×

Tampa has 62.1% higher housing costs compared to Sioux Falls.

Income & Job Market

Sioux Falls, SD

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

Tampa, FL

Median Household Income
$72,700
Per Capita Income
$41,400
Unemployment Rate
4.1%
Population
399,700
Top Industries
FinanceHealthcareTourismTechnologyLogistics

Affordability at a Glance

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

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

81% of income left after rent (median)

Tampa, FL
3.1×income-to-rent ratio

67% 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.