Cost of Living: Sioux Falls, SD vs Las Cruces, NM (2026)

Sioux Falls

South Dakota
78
VS

Las Cruces

New Mexico
68

Sioux Falls is 15% more expensive than Las Cruces.

$993/mo ↑ 5%
Median Rent
$946/mo ↓ 5%
$74,714/yr ↑ 35%
Median Income
$55,176/yr ↓ 26%
$271,400 ↑ 25%
Home Value
$217,400 ↓ 20%
$1,122/mo ↑ 15%
Owner Costs
$974/mo ↓ 13%
197,642
Population
112,612

Tax Comparison

0%
Income Tax
5.9%
4.2%
State Sales Tax
5.0%
1.28%
Property Tax
0.67%

Affordability

15.9%
rent-to-income
Affordability
20.6%
rent-to-income

Detailed Comparison

When comparing Sioux Falls, SD and Las Cruces, NM, the overall cost of living indices are 78 and 68 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $19,538/year higher in Sioux Falls. Home values also differ significantly — the median in Sioux Falls is $271,400 compared to $217,400 in Las Cruces.

South Dakota has no state income tax, giving Sioux Falls residents a significant tax advantage over New Mexico's 5.9% rate.

Frequently Asked Questions

Sioux Falls vs Las Cruces — common questions

Is Sioux Falls or Las Cruces cheaper to live in?
Based on our cost index, Las Cruces is cheaper to live in with an index of 68 compared to 78 (US average = 100).
What is the rent difference between Sioux Falls and Las Cruces?
Median rent in Sioux Falls is $993/month and in Las Cruces it's $946/month — a difference of $47/month.
Which city has higher income, Sioux Falls or Las Cruces?
Median household income is $74,714 in Sioux Falls and $55,176 in Las Cruces. Median household income is $19,538/year higher in Sioux Falls.
How do taxes compare between South Dakota and New Mexico?
South Dakota has 0% income tax, 4.2% sales tax, and 1.28% property tax. New Mexico has 5.9% income tax, 5.0% sales tax, and 0.67% property tax.
Should I move to Sioux Falls or Las Cruces?
It depends on your priorities. Sioux Falls has a cost index of 78 with median rent of $993/mo, while Las Cruces has a cost index of 68 with rent of $946/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Sioux Falls details → View Las Cruces details →

More Comparisons

Other cost of living comparisons for Sioux Falls and Las Cruces

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