Cost of Living: Sioux Falls, SD vs Riverview, FL (2026)

Sioux Falls

South Dakota
78
VS

Riverview

Florida
122

Sioux Falls is 36% cheaper than Riverview.

$993/mo ↓ 47%
Median Rent
$1,890/mo ↑ 90%
$74,714/yr ↓ 22%
Median Income
$95,442/yr ↑ 28%
$271,400 ↓ 20%
Home Value
$341,200 ↑ 26%
$1,122/mo ↓ 37%
Owner Costs
$1,767/mo ↑ 57%
197,642
Population
107,776

Tax Comparison

0%
Income Tax
0%
4.2%
State Sales Tax
6.0%
1.28%
Property Tax
0.86%

Affordability

15.9%
rent-to-income
Affordability
23.8%
rent-to-income

Detailed Comparison

When comparing Sioux Falls, SD and Riverview, FL, the overall cost of living indices are 78 and 122 respectively (national median = 100). Rent is $897/month cheaper in Sioux Falls, saving renters about $10,764/year.

Median household income is $20,728/year higher in Riverview. Home values also differ significantly — the median in Sioux Falls is $271,400 compared to $341,200 in Riverview.

Frequently Asked Questions

Sioux Falls vs Riverview — common questions

Is Sioux Falls or Riverview cheaper to live in?
Based on our cost index, Sioux Falls is cheaper to live in with an index of 78 compared to 122 (US average = 100).
What is the rent difference between Sioux Falls and Riverview?
Median rent in Sioux Falls is $993/month and in Riverview it's $1,890/month — a difference of $897/month.
Which city has higher income, Sioux Falls or Riverview?
Median household income is $74,714 in Sioux Falls and $95,442 in Riverview. Median household income is $20,728/year higher in Riverview.
How do taxes compare between South Dakota and Florida?
South Dakota has 0% income tax, 4.2% sales tax, and 1.28% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Sioux Falls or Riverview?
It depends on your priorities. Sioux Falls has a cost index of 78 with median rent of $993/mo, while Riverview has a cost index of 122 with rent of $1,890/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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