Cost of Living: Newark, NJ vs Sioux Falls, SD (2026)

Newark

New Jersey
100
VS

Sioux Falls

South Dakota
78

Newark is 28% more expensive than Sioux Falls.

$1,330/mo ↑ 34%
Median Rent
$993/mo ↓ 25%
$48,416/yr ↓ 35%
Median Income
$74,714/yr ↑ 54%
$337,800 ↑ 24%
Home Value
$271,400 ↓ 20%
$1,419/mo ↑ 26%
Owner Costs
$1,122/mo ↓ 21%
307,188
Population
197,642

Tax Comparison

10.75%
Income Tax
0%
6.625%
State Sales Tax
4.2%
2.23%
Property Tax
1.28%

Affordability

33.0%
rent-to-income
Affordability
15.9%
rent-to-income

Detailed Comparison

When comparing Newark, NJ and Sioux Falls, SD, the overall cost of living indices are 100 and 78 respectively (national median = 100). Rent is $337/month cheaper in Sioux Falls, saving renters about $4,044/year.

Median household income is $26,298/year higher in Sioux Falls. Home values also differ significantly — the median in Newark is $337,800 compared to $271,400 in Sioux Falls.

South Dakota has no state income tax, giving Sioux Falls residents a significant tax advantage over New Jersey's 10.75% rate.

Frequently Asked Questions

Newark vs Sioux Falls — common questions

Is Newark 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 100 (US average = 100).
What is the rent difference between Newark and Sioux Falls?
Median rent in Newark is $1,330/month and in Sioux Falls it's $993/month — a difference of $337/month.
Which city has higher income, Newark or Sioux Falls?
Median household income is $48,416 in Newark and $74,714 in Sioux Falls. Median household income is $26,298/year higher in Sioux Falls.
How do taxes compare between New Jersey and South Dakota?
New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax. South Dakota has 0% income tax, 4.2% sales tax, and 1.28% property tax.
Should I move to Newark or Sioux Falls?
It depends on your priorities. Newark has a cost index of 100 with median rent of $1,330/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 Newark details → View Sioux Falls details →

More Comparisons

Other cost of living comparisons for Newark and Sioux Falls

Newark vs. St. Paul Newark vs. Pittsburgh Newark vs. Irvine Newark vs. Greensboro Newark vs. Cincinnati Newark vs. St. Louis 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