Cost of Living: Laredo, TX vs Sioux Falls, SD (2026)

Laredo

Texas
67
VS

Sioux Falls

South Dakota
78

Laredo is 14% cheaper than Sioux Falls.

$1,001/mo ≈ Same
Median Rent
$993/mo ≈ Same
$63,264/yr ↓ 15%
Median Income
$74,714/yr ↑ 18%
$182,400 ↓ 33%
Home Value
$271,400 ↑ 49%
$1,066/mo ↓ 5%
Owner Costs
$1,122/mo ↑ 5%
255,949
Population
197,642

Tax Comparison

0%
Income Tax
0%
6.25%
State Sales Tax
4.2%
1.6%
Property Tax
1.28%

Affordability

19.0%
rent-to-income
Affordability
15.9%
rent-to-income

Detailed Comparison

When comparing Laredo, TX and Sioux Falls, SD, the overall cost of living indices are 67 and 78 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $11,450/year higher in Sioux Falls. Home values also differ significantly — the median in Laredo is $182,400 compared to $271,400 in Sioux Falls.

Frequently Asked Questions

Laredo vs Sioux Falls — common questions

Is Laredo or Sioux Falls cheaper to live in?
Based on our cost index, Laredo is cheaper to live in with an index of 67 compared to 78 (US average = 100).
What is the rent difference between Laredo and Sioux Falls?
Median rent in Laredo is $1,001/month and in Sioux Falls it's $993/month — a difference of $8/month.
Which city has higher income, Laredo or Sioux Falls?
Median household income is $63,264 in Laredo and $74,714 in Sioux Falls. Median household income is $11,450/year higher in Sioux Falls.
How do taxes compare between Texas and South Dakota?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. South Dakota has 0% income tax, 4.2% sales tax, and 1.28% property tax.
Should I move to Laredo or Sioux Falls?
It depends on your priorities. Laredo has a cost index of 67 with median rent of $1,001/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 Laredo details → View Sioux Falls details →

More Comparisons

Other cost of living comparisons for Laredo and Sioux Falls

Laredo vs. St. Petersburg Laredo vs. Irving Laredo vs. Lubbock Laredo vs. Chesapeake Laredo vs. Fort Wayne Laredo vs. Winston-Salem Sioux Falls vs. Grand Rapids Sioux Falls vs. Overland Park Sioux Falls vs. Montgomery Sioux Falls vs. Huntington Beach Sioux Falls vs. Grand Prairie Sioux Falls vs. Peoria