CostIndexUSA

Greensboro, NC vs Sioux Falls, SD Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NC
Greensboro
92.9
overall index
$1,400/mo rent
More AffordableSD
Sioux Falls
90.6
overall index
$1,225/mo rent

Sioux Falls is slightly cheaper than Greensboro — 2.5% lower overall cost of living.

To match an $80,000 salary in Greensboro, you would need $78,000 in Sioux Falls. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+4.2%
Greensboro
74.5
Sioux Falls
77.6
🛒 Groceries1.1%
Greensboro
96.6
Sioux Falls
95.5
🚗 Transportation6.4%
Greensboro
103.1
Sioux Falls
96.5
🏥 Healthcare6.4%
Greensboro
93.3
Sioux Falls
87.3
Utilities9.4%
Greensboro
89.1
Sioux Falls
80.7

Salary Equivalency Calculator

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

$
Equivalent salary in Sioux Falls, SD
$78,000
$2,000 less needed in Sioux Falls

Formula: salary × (90.6 ÷ 92.9) = salary × 0.9752. Based on BEA Regional Price Parities.

Housing Market

Greensboro, NC

Median Home Price
$256,000
Median Monthly Rent
$1,400
Housing Index
74.5
Price-to-Rent Ratio
15.2×

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 4.2% higher housing costs compared to Greensboro.

Income & Job Market

Greensboro, NC

Median Household Income
$63,300
Per Capita Income
$36,100
Unemployment Rate
4.1%
Population
296,710
Top Industries
ManufacturingHealthcareEducationRetailGovernment

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).

Greensboro, NC
3.8×income-to-rent ratio

73% 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.