CostIndexUSA

Sioux Falls, SD vs Toledo, OH Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableSD
Sioux Falls
90.6
overall index
$1,225/mo rent
OH
Toledo
91.5
overall index
$1,150/mo rent

Sioux Falls is slightly cheaper than Toledo — 1.0% lower overall cost of living.

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

Category Breakdown

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

🏠 Housing13.3%
Sioux Falls
77.6
Toledo
67.3
🛒 Groceries2.0%
Sioux Falls
95.5
Toledo
93.6
🚗 Transportation+7.7%
Sioux Falls
96.5
Toledo
103.9
🏥 Healthcare+7.7%
Sioux Falls
87.3
Toledo
94
Utilities+19.3%
Sioux Falls
80.7
Toledo
96.3

Salary Equivalency Calculator

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

$
Equivalent salary in Toledo, OH
$80,800
$800 more needed in Toledo

Formula: salary × (91.5 ÷ 90.6) = salary × 1.0099. 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×

Toledo, OH

Median Home Price
$190,000
Median Monthly Rent
$1,150
Housing Index
67.3
Price-to-Rent Ratio
13.8×

Sioux Falls has 13.3% lower housing costs compared to Toledo.

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

Toledo, OH

Median Household Income
$63,100
Per Capita Income
$36,000
Unemployment Rate
5.1%
Population
270,871
Top Industries
ManufacturingHealthcareGovernmentRetailEducation

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)

Toledo, OH
4.6×income-to-rent ratio

78% 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.