Cost of Living: Nashville, TN vs Sioux Falls, SD (2026)

Nashville

Tennessee
110
VS

Sioux Falls

South Dakota
78

Nashville is 41% more expensive than Sioux Falls.

$1,486/mo ↑ 50%
Median Rent
$993/mo ↓ 33%
$75,197/yr ≈ Same
Median Income
$74,714/yr ≈ Same
$383,100 ↑ 41%
Home Value
$271,400 ↓ 29%
$1,471/mo ↑ 31%
Owner Costs
$1,122/mo ↓ 24%
684,298
Population
197,642

Tax Comparison

0%
Income Tax
0%
7.0%
State Sales Tax
4.2%
0.64%
Property Tax
1.28%

Affordability

23.7%
rent-to-income
Affordability
15.9%
rent-to-income

Detailed Comparison

When comparing Nashville, TN and Sioux Falls, SD, the overall cost of living indices are 110 and 78 respectively (national median = 100). Rent is $493/month cheaper in Sioux Falls, saving renters about $5,916/year.

Median household income is $483/year higher in Nashville. Home values also differ significantly — the median in Nashville is $383,100 compared to $271,400 in Sioux Falls.

Frequently Asked Questions

Nashville vs Sioux Falls — common questions

Is Nashville 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 110 (US average = 100).
What is the rent difference between Nashville and Sioux Falls?
Median rent in Nashville is $1,486/month and in Sioux Falls it's $993/month — a difference of $493/month.
Which city has higher income, Nashville or Sioux Falls?
Median household income is $75,197 in Nashville and $74,714 in Sioux Falls. Median household income is $483/year higher in Nashville.
How do taxes compare between Tennessee and South Dakota?
Tennessee has 0% income tax, 7.0% sales tax, and 0.64% property tax. South Dakota has 0% income tax, 4.2% sales tax, and 1.28% property tax.
Should I move to Nashville or Sioux Falls?
It depends on your priorities. Nashville has a cost index of 110 with median rent of $1,486/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 Nashville details → View Sioux Falls details →

More Comparisons

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