Cost of Living: Reno, NV vs Sioux Falls, SD (2026)

Reno

Nevada
122
VS

Sioux Falls

South Dakota
78

Reno is 56% more expensive than Sioux Falls.

$1,453/mo ↑ 46%
Median Rent
$993/mo ↓ 32%
$78,448/yr ↑ 5%
Median Income
$74,714/yr ↓ 5%
$498,600 ↑ 84%
Home Value
$271,400 ↓ 46%
$1,482/mo ↑ 32%
Owner Costs
$1,122/mo ↓ 24%
268,959
Population
197,642

Tax Comparison

0%
Income Tax
0%
6.85%
State Sales Tax
4.2%
0.53%
Property Tax
1.28%

Affordability

22.2%
rent-to-income
Affordability
15.9%
rent-to-income

Detailed Comparison

When comparing Reno, NV and Sioux Falls, SD, the overall cost of living indices are 122 and 78 respectively (national median = 100). Rent is $460/month cheaper in Sioux Falls, saving renters about $5,520/year.

Median household income is $3,734/year higher in Reno. Home values also differ significantly — the median in Reno is $498,600 compared to $271,400 in Sioux Falls.

Frequently Asked Questions

Reno vs Sioux Falls — common questions

Is Reno 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 122 (US average = 100).
What is the rent difference between Reno and Sioux Falls?
Median rent in Reno is $1,453/month and in Sioux Falls it's $993/month — a difference of $460/month.
Which city has higher income, Reno or Sioux Falls?
Median household income is $78,448 in Reno and $74,714 in Sioux Falls. Median household income is $3,734/year higher in Reno.
How do taxes compare between Nevada and South Dakota?
Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax. South Dakota has 0% income tax, 4.2% sales tax, and 1.28% property tax.
Should I move to Reno or Sioux Falls?
It depends on your priorities. Reno has a cost index of 122 with median rent of $1,453/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 Reno details → View Sioux Falls details →

More Comparisons

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