Cost of Living: Sioux Falls, SD vs Waterbury, CT (2026)

Sioux Falls

South Dakota
78
VS

Waterbury

Connecticut
76

Sioux Falls and Waterbury have a similar cost of living.

$993/mo ↓ 16%
Median Rent
$1,180/mo ↑ 19%
$74,714/yr ↑ 45%
Median Income
$51,642/yr ↓ 31%
$271,400 ↑ 46%
Home Value
$185,400 ↓ 32%
$1,122/mo ↓ 12%
Owner Costs
$1,273/mo ↑ 13%
197,642
Population
114,356

Tax Comparison

0%
Income Tax
6.99%
4.2%
State Sales Tax
6.35%
1.28%
Property Tax
2.15%

Affordability

15.9%
rent-to-income
Affordability
27.4%
rent-to-income

Detailed Comparison

When comparing Sioux Falls, SD and Waterbury, CT, the overall cost of living indices are 78 and 76 respectively (national median = 100). Rent is $187/month cheaper in Sioux Falls, saving renters about $2,244/year.

Median household income is $23,072/year higher in Sioux Falls. Home values also differ significantly — the median in Sioux Falls is $271,400 compared to $185,400 in Waterbury.

South Dakota has no state income tax, giving Sioux Falls residents a significant tax advantage over Connecticut's 6.99% rate.

Frequently Asked Questions

Sioux Falls vs Waterbury — common questions

Is Sioux Falls or Waterbury cheaper to live in?
Based on our cost index, Waterbury is cheaper to live in with an index of 76 compared to 78 (US average = 100).
What is the rent difference between Sioux Falls and Waterbury?
Median rent in Sioux Falls is $993/month and in Waterbury it's $1,180/month — a difference of $187/month.
Which city has higher income, Sioux Falls or Waterbury?
Median household income is $74,714 in Sioux Falls and $51,642 in Waterbury. Median household income is $23,072/year higher in Sioux Falls.
How do taxes compare between South Dakota and Connecticut?
South Dakota has 0% income tax, 4.2% sales tax, and 1.28% property tax. Connecticut has 6.99% income tax, 6.35% sales tax, and 2.15% property tax.
Should I move to Sioux Falls or Waterbury?
It depends on your priorities. Sioux Falls has a cost index of 78 with median rent of $993/mo, while Waterbury has a cost index of 76 with rent of $1,180/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Sioux Falls details → View Waterbury details →

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