Cost of Living: Louisville, KY vs Sioux Falls, SD (2026)

Louisville

Kentucky
74
VS

Sioux Falls

South Dakota
78

Louisville is 5% cheaper than Sioux Falls.

$1,069/mo ↑ 8%
Median Rent
$993/mo ↓ 7%
$64,731/yr ↓ 13%
Median Income
$74,714/yr ↑ 15%
$221,500 ↓ 18%
Home Value
$271,400 ↑ 23%
$1,118/mo ≈ Same
Owner Costs
$1,122/mo ≈ Same
627,210
Population
197,642

Tax Comparison

4.0%
Income Tax
0%
6.0%
State Sales Tax
4.2%
0.83%
Property Tax
1.28%

Affordability

19.8%
rent-to-income
Affordability
15.9%
rent-to-income

Detailed Comparison

When comparing Louisville, KY and Sioux Falls, SD, the overall cost of living indices are 74 and 78 respectively (national median = 100). Rent is $76/month cheaper in Sioux Falls, saving renters about $912/year.

Median household income is $9,983/year higher in Sioux Falls. Home values also differ significantly — the median in Louisville is $221,500 compared to $271,400 in Sioux Falls.

South Dakota has no state income tax, giving Sioux Falls residents a significant tax advantage over Kentucky's 4.0% rate.

Frequently Asked Questions

Louisville vs Sioux Falls — common questions

Is Louisville or Sioux Falls cheaper to live in?
Based on our cost index, Louisville is cheaper to live in with an index of 74 compared to 78 (US average = 100).
What is the rent difference between Louisville and Sioux Falls?
Median rent in Louisville is $1,069/month and in Sioux Falls it's $993/month — a difference of $76/month.
Which city has higher income, Louisville or Sioux Falls?
Median household income is $64,731 in Louisville and $74,714 in Sioux Falls. Median household income is $9,983/year higher in Sioux Falls.
How do taxes compare between Kentucky and South Dakota?
Kentucky has 4.0% income tax, 6.0% sales tax, and 0.83% property tax. South Dakota has 0% income tax, 4.2% sales tax, and 1.28% property tax.
Should I move to Louisville or Sioux Falls?
It depends on your priorities. Louisville has a cost index of 74 with median rent of $1,069/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 Louisville details → View Sioux Falls details →

More Comparisons

Other cost of living comparisons for Louisville and Sioux Falls

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