Cost of Living: Grand Rapids, MI vs Sioux Falls, SD (2026)

Grand Rapids

Michigan

Sioux Falls

South Dakota

Grand Rapids and Sioux Falls have a similar cost of living.

$1,191/mo ↑ 20%

Median Rent

$993/mo ↓ 17%

$65,526/yr ↓ 12%

Median Income

$74,714/yr ↑ 14%

$225,500 ↓ 17%

Home Value

$271,400 ↑ 20%

$1,136/mo ↑ 1%

Owner Costs

$1,122/mo ↓ 1%

197,768

Population

197,642

Tax Comparison

4.25%

Income Tax

6.0%

Sales Tax

4.2%

1.38%

Property Tax

1.28%

Affordability

21.8%

rent-to-income

Affordability

15.9%

rent-to-income

Detailed Comparison

When comparing Grand Rapids, MI and Sioux Falls, SD, the overall cost of living indices are 79 and 78 respectively (national median = 100). Rent is $198/month cheaper in Sioux Falls, saving renters about $2,376/year.

Median household income is $9,188/year higher in Sioux Falls. Home values also differ significantly — the median in Grand Rapids is $225,500 compared to $271,400 in Sioux Falls.

South Dakota has no state income tax, giving Sioux Falls residents a significant tax advantage over Michigan's 4.25% rate.

Frequently Asked Questions

Grand Rapids vs Sioux Falls — common questions

Is Grand Rapids 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 79 (US average = 100).

What is the rent difference between Grand Rapids and Sioux Falls?

Median rent in Grand Rapids is $1,191/month and in Sioux Falls it's $993/month — a difference of $198/month.

Which city has higher income, Grand Rapids or Sioux Falls?

Median household income is $65,526 in Grand Rapids and $74,714 in Sioux Falls. Median household income is $9,188/year higher in Sioux Falls.

How do taxes compare between Michigan and South Dakota?

Michigan has 4.25% income tax, 6.0% sales tax, and 1.38% property tax. South Dakota has 0% income tax, 4.2% sales tax, and 1.28% property tax.

Should I move to Grand Rapids or Sioux Falls?

It depends on your priorities. Grand Rapids has a cost index of 79 with median rent of $1,191/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.