Cost of Living: Sioux Falls, SD vs Peoria, AZ (2026)

Sioux Falls

South Dakota
78
VS

Peoria

Arizona
125

Sioux Falls is 47% cheaper than Peoria.

$993/mo ↓ 43%
Median Rent
$1,743/mo ↑ 76%
$74,714/yr ↓ 20%
Median Income
$93,403/yr ↑ 25%
$271,400 ↓ 37%
Home Value
$429,400 ↑ 58%
$1,122/mo ↓ 29%
Owner Costs
$1,589/mo ↑ 42%
197,642
Population
194,338

Tax Comparison

0%
Income Tax
2.5%
4.2%
Sales Tax
5.6%
1.28%
Property Tax
0.62%

Affordability

15.9%
rent-to-income
Affordability
22.4%
rent-to-income

Detailed Comparison

When comparing Sioux Falls, SD and Peoria, AZ, the overall cost of living indices are 78 and 125 respectively (national median = 100). Rent is $750/month cheaper in Sioux Falls, saving renters about $9,000/year.

Median household income is $18,689/year higher in Peoria. Home values also differ significantly — the median in Sioux Falls is $271,400 compared to $429,400 in Peoria.

South Dakota has no state income tax, giving Sioux Falls residents a significant tax advantage over Arizona's 2.5% rate.

Frequently Asked Questions

Sioux Falls vs Peoria — common questions

Is Sioux Falls or Peoria cheaper to live in?
Based on our cost index, Sioux Falls is cheaper to live in with an index of 78 compared to 125 (US average = 100).
What is the rent difference between Sioux Falls and Peoria?
Median rent in Sioux Falls is $993/month and in Peoria it's $1,743/month — a difference of $750/month.
Which city has higher income, Sioux Falls or Peoria?
Median household income is $74,714 in Sioux Falls and $93,403 in Peoria. Median household income is $18,689/year higher in Peoria.
How do taxes compare between South Dakota and Arizona?
South Dakota has 0% income tax, 4.2% sales tax, and 1.28% property tax. Arizona has 2.5% income tax, 5.6% sales tax, and 0.62% property tax.
Should I move to Sioux Falls or Peoria?
It depends on your priorities. Sioux Falls has a cost index of 78 with median rent of $993/mo, while Peoria has a cost index of 125 with rent of $1,743/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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