Cost of Living: Toledo, OH vs Sioux Falls, SD (2026)

Toledo

Ohio
52
VS

Sioux Falls

South Dakota
78

Toledo is 33% cheaper than Sioux Falls.

$880/mo ↓ 11%
Median Rent
$993/mo ↑ 13%
$47,532/yr ↓ 36%
Median Income
$74,714/yr ↑ 57%
$107,000 ↓ 61%
Home Value
$271,400 ↑ 154%
$856/mo ↓ 24%
Owner Costs
$1,122/mo ↑ 31%
268,461
Population
197,642

Tax Comparison

3.5%
Income Tax
0%
5.75%
State Sales Tax
4.2%
1.53%
Property Tax
1.28%

Affordability

22.2%
rent-to-income
Affordability
15.9%
rent-to-income

Detailed Comparison

When comparing Toledo, OH and Sioux Falls, SD, the overall cost of living indices are 52 and 78 respectively (national median = 100). Rent is $113/month cheaper in Toledo, saving renters about $1,356/year.

Median household income is $27,182/year higher in Sioux Falls. Home values also differ significantly — the median in Toledo is $107,000 compared to $271,400 in Sioux Falls.

South Dakota has no state income tax, giving Sioux Falls residents a significant tax advantage over Ohio's 3.5% rate.

Frequently Asked Questions

Toledo vs Sioux Falls — common questions

Is Toledo or Sioux Falls cheaper to live in?
Based on our cost index, Toledo is cheaper to live in with an index of 52 compared to 78 (US average = 100).
What is the rent difference between Toledo and Sioux Falls?
Median rent in Toledo is $880/month and in Sioux Falls it's $993/month — a difference of $113/month.
Which city has higher income, Toledo or Sioux Falls?
Median household income is $47,532 in Toledo and $74,714 in Sioux Falls. Median household income is $27,182/year higher in Sioux Falls.
How do taxes compare between Ohio and South Dakota?
Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax. South Dakota has 0% income tax, 4.2% sales tax, and 1.28% property tax.
Should I move to Toledo or Sioux Falls?
It depends on your priorities. Toledo has a cost index of 52 with median rent of $880/mo, while Sioux Falls has a cost index of 78 with rent of $993/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Toledo details → View Sioux Falls details →

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