CostIndexUSA

Bloomington, IN vs Sioux Falls, SD Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

IN
Bloomington
95.1
overall index
$1,550/mo rent
More AffordableSD
Sioux Falls
90.6
overall index
$1,225/mo rent

Sioux Falls is slightly cheaper than Bloomington — 4.7% lower overall cost of living.

To match an $80,000 salary in Bloomington, you would need $76,200 in Sioux Falls. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing9.3%
Bloomington
85.6
Sioux Falls
77.6
🛒 Groceries+1.3%
Bloomington
94.3
Sioux Falls
95.5
🚗 Transportation7.3%
Bloomington
104.1
Sioux Falls
96.5
🏥 Healthcare7.3%
Bloomington
94.2
Sioux Falls
87.3
Utilities6.7%
Bloomington
86.5
Sioux Falls
80.7

Salary Equivalency Calculator

Enter your current salary in Bloomington to see what you'd need to earn in Sioux Falls to maintain the same purchasing power.

$
Equivalent salary in Sioux Falls, SD
$76,200
$3,800 less needed in Sioux Falls

Formula: salary × (90.6 ÷ 95.1) = salary × 0.9527. Based on BEA Regional Price Parities.

Housing Market

Bloomington, IN

Median Home Price
$288,000
Median Monthly Rent
$1,550
Housing Index
85.6
Price-to-Rent Ratio
15.5×

Sioux Falls, SD

Median Home Price
$329,000
Median Monthly Rent
$1,225
Housing Index
77.6
Price-to-Rent Ratio
22.4×

Bloomington has 9.3% lower housing costs compared to Sioux Falls.

Income & Job Market

Bloomington, IN

Median Household Income
$58,700
Per Capita Income
$33,500
Unemployment Rate
4.4%
Population
79,168
Top Industries
EducationHealthcareTechnologyGovernmentRetail

Sioux Falls, SD

Median Household Income
$76,200
Per Capita Income
$43,400
Unemployment Rate
2%
Population
192,517
Top Industries
FinanceHealthcareRetailManufacturingAgriculture

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Bloomington, IN
3.2×income-to-rent ratio

68% of income left after rent (median)

Sioux Falls, SD
5.2×income-to-rent ratio

81% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.