Cost of Living: Sioux Falls, SD vs Providence, RI (2026)

Sioux Falls

South Dakota
78
VS

Providence

Rhode Island
99

Sioux Falls is 21% cheaper than Providence.

$993/mo ↓ 26%
Median Rent
$1,333/mo ↑ 34%
$74,714/yr ↑ 12%
Median Income
$66,772/yr ↓ 11%
$271,400 ↓ 16%
Home Value
$322,800 ↑ 19%
$1,122/mo ↓ 24%
Owner Costs
$1,467/mo ↑ 31%
197,642
Population
190,214

Tax Comparison

0%
Income Tax
5.99%
4.2%
State Sales Tax
7.0%
1.28%
Property Tax
1.53%

Affordability

15.9%
rent-to-income
Affordability
24.0%
rent-to-income

Detailed Comparison

When comparing Sioux Falls, SD and Providence, RI, the overall cost of living indices are 78 and 99 respectively (national median = 100). Rent is $340/month cheaper in Sioux Falls, saving renters about $4,080/year.

Median household income is $7,942/year higher in Sioux Falls. Home values also differ significantly — the median in Sioux Falls is $271,400 compared to $322,800 in Providence.

South Dakota has no state income tax, giving Sioux Falls residents a significant tax advantage over Rhode Island's 5.99% rate.

Frequently Asked Questions

Sioux Falls vs Providence — common questions

Is Sioux Falls or Providence cheaper to live in?
Based on our cost index, Sioux Falls is cheaper to live in with an index of 78 compared to 99 (US average = 100).
What is the rent difference between Sioux Falls and Providence?
Median rent in Sioux Falls is $993/month and in Providence it's $1,333/month — a difference of $340/month.
Which city has higher income, Sioux Falls or Providence?
Median household income is $74,714 in Sioux Falls and $66,772 in Providence. Median household income is $7,942/year higher in Sioux Falls.
How do taxes compare between South Dakota and Rhode Island?
South Dakota has 0% income tax, 4.2% sales tax, and 1.28% property tax. Rhode Island has 5.99% income tax, 7.0% sales tax, and 1.53% property tax.
Should I move to Sioux Falls or Providence?
It depends on your priorities. Sioux Falls has a cost index of 78 with median rent of $993/mo, while Providence has a cost index of 99 with rent of $1,333/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Sioux Falls details → View Providence details →

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