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

Sioux Falls

South Dakota
78
VS

Elizabeth

New Jersey
112

Sioux Falls is 30% cheaper than Elizabeth.

$993/mo ↓ 32%
Median Rent
$1,463/mo ↑ 47%
$74,714/yr ↑ 17%
Median Income
$63,874/yr ↓ 15%
$271,400 ↓ 31%
Home Value
$393,500 ↑ 45%
$1,122/mo ↓ 27%
Owner Costs
$1,543/mo ↑ 38%
197,642
Population
135,887

Tax Comparison

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

Affordability

15.9%
rent-to-income
Affordability
27.5%
rent-to-income

Detailed Comparison

When comparing Sioux Falls, SD and Elizabeth, NJ, the overall cost of living indices are 78 and 112 respectively (national median = 100). Rent is $470/month cheaper in Sioux Falls, saving renters about $5,640/year.

Median household income is $10,840/year higher in Sioux Falls. Home values also differ significantly — the median in Sioux Falls is $271,400 compared to $393,500 in Elizabeth.

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

Sioux Falls vs Elizabeth — common questions

Is Sioux Falls or Elizabeth cheaper to live in?
Based on our cost index, Sioux Falls is cheaper to live in with an index of 78 compared to 112 (US average = 100).
What is the rent difference between Sioux Falls and Elizabeth?
Median rent in Sioux Falls is $993/month and in Elizabeth it's $1,463/month — a difference of $470/month.
Which city has higher income, Sioux Falls or Elizabeth?
Median household income is $74,714 in Sioux Falls and $63,874 in Elizabeth. Median household income is $10,840/year higher in Sioux Falls.
How do taxes compare between South Dakota and New Jersey?
South Dakota has 0% income tax, 4.2% sales tax, and 1.28% property tax. New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax.
Should I move to Sioux Falls or Elizabeth?
It depends on your priorities. Sioux Falls has a cost index of 78 with median rent of $993/mo, while Elizabeth has a cost index of 112 with rent of $1,463/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Sioux Falls details → View Elizabeth details →

More Comparisons

Other cost of living comparisons for Sioux Falls and Elizabeth

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 Elizabeth vs. Victorville Elizabeth vs. Stamford Elizabeth vs. Miramar Elizabeth vs. Kent Elizabeth vs. Pasadena Elizabeth vs. Midland