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Cost of Living Comparison 2026

๐Ÿ“ Sioux Falls, SD โ€” ZIP-level rent data ยท COL adjusted from Omaha, NE area

$

Numbers update automatically as you type

You'd save $92.33/month moving to Indianapolis, IN

$150.0K in your current city equals $148.9K in Indianapolis, IN

Rent data from HUD ZIP-level estimates ยท COL index from area
Overall Cost
โ†“ 1.2%
Less expensive
Monthly Impact
$92.33
Savings
Annual Impact
$1.1K
Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Sioux Falls, SD

Population:206K
Cost Index:100
Median Home:$280K

Indianapolis, IN

Population:888K
Cost Index:99
Median Home:$176K

Sioux Falls, SD

The Mount Rushmore State

206K
Population
State Tax
No Income Tax

Located in South Dakota, this city has a population of 206K residents.

๐Ÿ’ก Advantage: South Dakota has no state income tax!

Indianapolis, IN

The Hoosier State

888K
Population
State Tax
Yes

Located in Indiana, this city has a population of 888K residents.

Cost Breakdown by Category

Annual spending: Sioux Falls, SD vs Indianapolis, IN

๐Ÿ Housing
โ†‘ 6.3%
Sioux Falls, SD
$1,834
Indianapolis, IN
$1,949
Difference
$115
more
๐ŸฅHealthcare
โ†“ 13.1%
Sioux Falls, SD
$671
Indianapolis, IN
$582
Difference
$88.12
less
โšกAll Utilities
โ†‘ 8.7%
Sioux Falls, SD
$462
Indianapolis, IN
$503
Difference
$40.37
more
๐Ÿ“ฆOther
โ†‘ 1.2%
Sioux Falls, SD
$1,572
Indianapolis, IN
$1,590
Difference
$18.55
more
๐Ÿš—Transportation
โ†“ 1.2%
Sioux Falls, SD
$1,203
Indianapolis, IN
$1,188
Difference
$14.81
less
๐Ÿ›’Groceries
โ†“ 1.6%
Sioux Falls, SD
$934
Indianapolis, IN
$919
Difference
$14.65
less

๐Ÿ›๏ธ Local Income Taxes

Indianapolis, IN: Marion County Income Tax$3,030/yr (2.0%)

Sioux Falls, SD has no local income tax.

Local taxes are in addition to state income tax. Not all cities levy local income taxes.

๐Ÿ Rent Comparison

Studio
From$683
To$1,030
โ†‘ $347
1 Bed
From$782
To$1,170
โ†‘ $388
2 Bed
From$913
To$1,360
โ†‘ $447
3 Bed
From$1,251
To$1,760
โ†‘ $509
Sioux Falls, SDZIP-level data

1BR range: $880โ€“$1,060/mo

Indianapolis, INZIP-level data

1BR range: $1,080โ€“$1,870/mo

๐Ÿ’ก Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$6,676
Monthly in Sioux Falls, SD
$6,732
Monthly in Indianapolis, IN
$56.61
Difference

Home Values

Sioux Falls
Indianapolis
$280K
Median Value
$176K
โ†‘ +0.5%
YoY Change
โ†“ -1.1%
โ†‘ +35.6%
5-Year Change
โ†‘ +26.9%
$216K - $323K
Price Range
$109K - $340K

Homes in Indianapolis are 37% less expensive than Sioux Falls

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
โ†“ $4.8K
More taxes
Monthly Difference
$404
Less take-home
Effective Rate Diff
3.2%
Rate difference

Sioux Falls, SD

Federal Income Tax
Effective: 18.9%
$25.5K
South Dakota State Tax
No state income tax
$0
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 24.7%
$37.0K
Take-Home Pay
$9,416/month
$113.0K

Indianapolis, IN

Federal Income Tax
Effective: 18.9%
$25.5K
Indiana State Tax
Effective: 3.2%
$4.8K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 27.9%
$41.9K
Take-Home Pay
$9,012/month
$108.1K

Additional Tax Information

Sioux Falls, SD Tax Rates

Sales Tax:6.4%
Property Tax:1.3%

Indianapolis, IN Tax Rates

Sales Tax:7.0%
Property Tax:0.9%

๐Ÿ’ก Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Sioux Falls
Indianapolis
45 Good
Air Quality
54 Moderate
63.7%
Good Air Days
36.6%
96 High
Climate Risk
97 High
๐ŸŒŠ๐ŸŒก๐ŸŒช
Top Hazards
๐ŸŒŠ๐ŸŒก๐ŸŒช
โ–ฒ+3.4ยฐF
2050 Outlook
โ–ฒ+3.1ยฐF
35 days
Heat Days >95ยฐF
18 days
โ–ฒ+3.4ยฐF
2050 Outlook
โ–ฒ+3.1ยฐF
35 days
Heat Days >95ยฐF
18 days

๐Ÿ’ฐ See how taxes change too โ€” compare take-home pay between South Dakota and Indiana on TaxTakeHome.com

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