Cost of living in Sioux Falls
Sioux Falls, located in South Dakota, is a vibrant city known for its friendly community and growing economy. Understanding the cost of living in Sioux Falls is crucial for anyone considering moving to or living in the city.
This guide provides a detailed breakdown of various expenses, including housing, dining, transportation, and more, to help you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $13 on average, with a range between $9 and $32.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $60, with prices ranging from $60 to $220.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10, with a range between $8.5 and $12.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3 to $9, imported beer $4.5 to $12, cappuccino $2.75 to $7, and Coke/Pepsi $1.69 to $5.99.
Grocery Prices
- Milk - Milk is priced between $0.73 and $1.52 per liter, averaging $0.97.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.2 and $4.96, with an average price of $3.46.
- Eggs (Dozen) - A dozen eggs range from $1.9 to $5.99, averaging $3.28.
- Fruits (e.g., Apples, Oranges) - Apples cost $3.66 to $11.02 per kg, while oranges range from $2.62 to $8.82 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.77 and $3.95 per kg, and lettuce costs $1.5 to $3 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $1.5, with a monthly pass priced between $30 and $40.
- Fuel (Gasoline) - Gasoline is priced between $0.76 and $1 per liter.
- Taxi Fares - Taxi fares start at $2.6, with a cost of $1.37 to $3.11 per km and $25.12 to $35 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $950 to $1700, averaging $1168.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $750 to $1100, averaging $856.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $2000 to $3500, averaging $2666.67.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1200 to $2100, averaging $1725.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $2250 to $3229.17, averaging $2739.59.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $2045.14 to $2250, averaging $2147.57.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $116 and $425, averaging $205.37.
- Internet - Internet services range from $45 to $100, with an average cost of $59.64.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Sioux Falls offers a relatively affordable cost of living compared to larger metropolitan areas. Housing costs are moderate, especially outside the city centre.
Dining out can be economical, with a variety of options available from inexpensive to mid-range restaurants.
Transportation costs are low, with affordable public transport and fuel prices. Utilities and internet services are reasonably priced, contributing to the overall affordability of living in Sioux Falls.
Conclusion
In conclusion, Sioux Falls, SD, presents a balanced cost of living that is attractive for individuals and families alike. The city offers affordable housing, reasonable dining and grocery prices, and low transportation costs.
These factors make Sioux Falls an appealing choice for those looking to enjoy a high quality of life without the high expenses associated with larger cities.