Is Sioux Falls, SD cheaper than Toledo, OH?

Based on cost of living data, Sioux Falls, SD is 2.7% cheaper than Toledo, OH. This translates to saving $205 per month.

What salary do I need in Sioux Falls, SD to live like I do in Toledo, OH?

If you earn $150,000 in Toledo, OH, you'd need approximately $147,534.538 in Sioux Falls, SD to maintain the same standard of living.

How does housing cost compare between Toledo, OH and Sioux Falls, SD?

Housing in Sioux Falls, SD is 14.3% more expensive than in Toledo, OH. For a two-bedroom apartment, rent is $913/month in Sioux Falls, SD compared to $1,075/month in Toledo, OH.

How much can I save per month by moving from Toledo, OH to Sioux Falls, SD?

Moving from Toledo, OH to Sioux Falls, SD could save you approximately $205 per month, or $2465 per year, based on a $150,000 salary.

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

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Cost of Living Comparison 2026

Data: HUD rent estimates, BLS cost of living

Current salary in Toledo, OH

Numbers update automatically as you type

You'd save $205/month moving to Sioux Falls, SD

$150.0K in your current city equals $147.5K in Sioux Falls, SD

Rent data from HUD ZIP-level estimates · COL index from area

Overall Cost

↓ 2.7%

Less expensive

Monthly Impact

$205

Savings

Annual Impact

$2.5K

Per year

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

Toledo, OH

Population:265K

Cost Index:

100

100 = national average

Median Home:$130K

Sioux Falls, SD

Population:206K

Cost Index:

(3% below avg)

Median Home:$280K

Toledo, OH

The Buckeye State

265K

Population

State Tax

Yes

Located in Ohio, this city has a population of 265K residents.

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.

💡 Advantage: South Dakota has no state income tax!

Cost Breakdown by Category

Annual spending: Toledo, OH vs Sioux Falls, SD

Category	Toledo, OH	Sioux Falls, SD	Difference	Change
Transportation	$1,617/mo	$1,203/mo	↓ $413less	25.6%
Housing	$1,605/mo	$1,834/mo	↑ $229more	14.3%
Other	$1,723/mo	$1,572/mo	↓ $151less	8.8%
All Utilities	$565/mo	$462/mo	↓ $103less	18.2%
Healthcare	$572/mo	$671/mo	↑ $98.55more	17.2%
Groceries	$963/mo	$934/mo	↓ $29.07less	3.0%

Transportation

↓ 25.6%

Toledo, OH

$1,617

Sioux Falls, SD

$1,203

Difference

$413

less

Housing

↑ 14.3%

Toledo, OH

$1,605

Sioux Falls, SD

$1,834

Difference

$229

Other

↓ 8.8%

Toledo, OH

$1,723

Sioux Falls, SD

$1,572

Difference

$151

less

All Utilities

↓ 18.2%

Toledo, OH

$565

Sioux Falls, SD

$462

Difference

$103

less

Healthcare

↑ 17.2%

Toledo, OH

$572

Sioux Falls, SD

$671

Difference

$98.55

Groceries

↓ 3.0%

Toledo, OH

$963

Sioux Falls, SD

$934

Difference

$29.07

less

🏛️ Local Income Taxes

Toledo, OH: Toledo Municipal Income Tax$3,750/yr (2.5%)

Sioux Falls, SD has no local income tax.

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

🏠Rent Comparison

Studio

From$772

To$683

↓ $89.00

1 Bed

From$818

To$782

↓ $36.00

2 Bed

From$1,075

To$913

↓ $162

3 Bed

From$1,379

To$1,251

↓ $128

Toledo, OHZIP-level data

1BR range: $740–$930/mo

Sioux Falls, SDZIP-level data

1BR range: $880–$1,060/mo

💡 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.

$7,045

Monthly in Toledo, OH

$6,676

Monthly in Sioux Falls, SD

$369

Difference

Home Values

Toledo

Sioux Falls

$130K

Median Value

$280K

↑ +5.6%

YoY Change

↑ +0.5%

↑ +41%

5-Year Change

↑ +35.6%

$47K - $314K

Price Range

$216K - $323K

Homes in Sioux Falls are 116% more expensive than Toledo

Calculate payment - Toledo Calculate payment - Sioux Falls

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $4.4K

Per year

Monthly Difference

$369

More take-home

Effective Rate Diff

3.0%

Rate difference

Toledo, OH

Federal Income Tax

Effective: 18.9%

$25.5K

Ohio State Tax

Effective: 3.0%

$4.4K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 27.6%

$41.4K

Take-Home Pay

$9,047/month

$108.6K

Sioux Falls, SD

Federal Income Tax

Effective: 18.9%

$25.5K

South Dakota State Tax

No state income tax

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 24.7%

$37.0K

Take-Home Pay

$9,416/month

$113.0K

Additional Tax Information

Toledo, OH Tax Rates

Sales Tax:7.2%

Property Tax:1.6%

Sioux Falls, SD Tax Rates

Sales Tax:6.4%

Property Tax:1.3%

💡 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.