Cost of Living: Cape Coral, FL vs Sioux Falls, SD (2026)

Cape Coral

Florida
114
VS

Sioux Falls

South Dakota
78

Cape Coral is 46% more expensive than Sioux Falls.

$1,751/mo ↑ 76%
Median Rent
$993/mo ↓ 43%
$76,062/yr ↑ 2%
Median Income
$74,714/yr ↓ 2%
$339,200 ↑ 25%
Home Value
$271,400 ↓ 20%
$1,523/mo ↑ 36%
Owner Costs
$1,122/mo ↓ 26%
206,387
Population
197,642

Tax Comparison

0%
Income Tax
0%
6.0%
State Sales Tax
4.2%
0.86%
Property Tax
1.28%

Affordability

27.6%
rent-to-income
Affordability
15.9%
rent-to-income

Detailed Comparison

When comparing Cape Coral, FL and Sioux Falls, SD, the overall cost of living indices are 114 and 78 respectively (national median = 100). Rent is $758/month cheaper in Sioux Falls, saving renters about $9,096/year.

Median household income is $1,348/year higher in Cape Coral. Home values also differ significantly — the median in Cape Coral is $339,200 compared to $271,400 in Sioux Falls.

Frequently Asked Questions

Cape Coral vs Sioux Falls — common questions

Is Cape Coral or Sioux Falls cheaper to live in?
Based on our cost index, Sioux Falls is cheaper to live in with an index of 78 compared to 114 (US average = 100).
What is the rent difference between Cape Coral and Sioux Falls?
Median rent in Cape Coral is $1,751/month and in Sioux Falls it's $993/month — a difference of $758/month.
Which city has higher income, Cape Coral or Sioux Falls?
Median household income is $76,062 in Cape Coral and $74,714 in Sioux Falls. Median household income is $1,348/year higher in Cape Coral.
How do taxes compare between Florida and South Dakota?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. South Dakota has 0% income tax, 4.2% sales tax, and 1.28% property tax.
Should I move to Cape Coral or Sioux Falls?
It depends on your priorities. Cape Coral has a cost index of 114 with median rent of $1,751/mo, while Sioux Falls has a cost index of 78 with rent of $993/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Cape Coral details → View Sioux Falls details →

More Comparisons

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