Cost of Living: Sioux Falls, SD vs Evansville, IN (2026)

Sioux Falls

South Dakota
78
VS

Evansville

Indiana
57

Sioux Falls is 37% more expensive than Evansville.

$993/mo ↑ 5%
Median Rent
$949/mo ↓ 4%
$74,714/yr ↑ 43%
Median Income
$52,251/yr ↓ 30%
$271,400 ↑ 110%
Home Value
$129,100 ↓ 52%
$1,122/mo ↑ 22%
Owner Costs
$919/mo ↓ 18%
197,642
Population
116,441

Tax Comparison

0%
Income Tax
3.05%
4.2%
State Sales Tax
7.0%
1.28%
Property Tax
0.83%

Affordability

15.9%
rent-to-income
Affordability
21.8%
rent-to-income

Detailed Comparison

When comparing Sioux Falls, SD and Evansville, IN, the overall cost of living indices are 78 and 57 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $22,463/year higher in Sioux Falls. Home values also differ significantly — the median in Sioux Falls is $271,400 compared to $129,100 in Evansville.

South Dakota has no state income tax, giving Sioux Falls residents a significant tax advantage over Indiana's 3.05% rate.

Frequently Asked Questions

Sioux Falls vs Evansville — common questions

Is Sioux Falls or Evansville cheaper to live in?
Based on our cost index, Evansville is cheaper to live in with an index of 57 compared to 78 (US average = 100).
What is the rent difference between Sioux Falls and Evansville?
Median rent in Sioux Falls is $993/month and in Evansville it's $949/month — a difference of $44/month.
Which city has higher income, Sioux Falls or Evansville?
Median household income is $74,714 in Sioux Falls and $52,251 in Evansville. Median household income is $22,463/year higher in Sioux Falls.
How do taxes compare between South Dakota and Indiana?
South Dakota has 0% income tax, 4.2% sales tax, and 1.28% property tax. Indiana has 3.05% income tax, 7.0% sales tax, and 0.83% property tax.
Should I move to Sioux Falls or Evansville?
It depends on your priorities. Sioux Falls has a cost index of 78 with median rent of $993/mo, while Evansville has a cost index of 57 with rent of $949/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Sioux Falls details → View Evansville details →

More Comparisons

Other cost of living comparisons for Sioux Falls and Evansville

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 Evansville vs. The Woodlands Evansville vs. Brandon Evansville vs. Lakeland Evansville vs. West Jordan Evansville vs. Clearwater Evansville vs. Broken Arrow