CostIndexUSA

Clarksville, TN vs Sioux Falls, SD Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostTN
Clarksville
90.9
overall index
$1,350/mo rent
SD
Sioux Falls
90.6
overall index
$1,225/mo rent

Clarksville and Sioux Falls have nearly identical costs of living.

Category Breakdown

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

🏠 Housing+5.1%
Clarksville
73.8
Sioux Falls
77.6
🛒 Groceries0.7%
Clarksville
96.2
Sioux Falls
95.5
🚗 Transportation3.8%
Clarksville
100.3
Sioux Falls
96.5
🏥 Healthcare3.7%
Clarksville
90.7
Sioux Falls
87.3
Utilities+11.3%
Clarksville
72.5
Sioux Falls
80.7

Salary Equivalency Calculator

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

$
Equivalent salary in Sioux Falls, SD
$79,700
$300 less needed in Sioux Falls

Formula: salary × (90.6 ÷ 90.9) = salary × 0.9967. Based on BEA Regional Price Parities.

Housing Market

Clarksville, TN

Median Home Price
$289,000
Median Monthly Rent
$1,350
Housing Index
73.8
Price-to-Rent Ratio
17.8×

Sioux Falls, SD

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

Sioux Falls has 5.1% higher housing costs compared to Clarksville.

Income & Job Market

Clarksville, TN

Median Household Income
$67,100
Per Capita Income
$38,200
Unemployment Rate
5.6%
Population
166,722
Top Industries
MilitaryHealthcareManufacturingRetailEducation

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).

Clarksville, TN
4.1×income-to-rent ratio

76% 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.