CostIndexUSA

Sioux Falls, SD vs Utica, NY Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableSD
Sioux Falls
90.6
overall index
$1,225/mo rent
NY
Utica
92.7
overall index
$1,375/mo rent

Sioux Falls is slightly cheaper than Utica — 2.3% lower overall cost of living.

To match an $80,000 salary in Sioux Falls, you would need $81,900 in Utica. Calculate your salary ↓

Category Breakdown

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

🏠 Housing14.8%
Sioux Falls
77.6
Utica
66.1
🛒 Groceries+4.4%
Sioux Falls
95.5
Utica
99.7
🚗 Transportation+6.3%
Sioux Falls
96.5
Utica
102.6
🏥 Healthcare+6.4%
Sioux Falls
87.3
Utica
92.9
Utilities+63.4%
Sioux Falls
80.7
Utica
131.9

Salary Equivalency Calculator

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

$
Equivalent salary in Utica, NY
$81,900
$1,900 more needed in Utica

Formula: salary × (92.7 ÷ 90.6) = salary × 1.0232. Based on BEA Regional Price Parities.

Housing Market

Sioux Falls, SD

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

Utica, NY

Median Home Price
$213,000
Median Monthly Rent
$1,375
Housing Index
66.1
Price-to-Rent Ratio
12.9×

Sioux Falls has 14.8% lower housing costs compared to Utica.

Income & Job Market

Sioux Falls, SD

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

Utica, NY

Median Household Income
$61,800
Per Capita Income
$35,200
Unemployment Rate
4.5%
Population
60,651
Top Industries
HealthcareManufacturingGovernmentEducationRetail

Affordability at a Glance

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

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

81% of income left after rent (median)

Utica, NY
3.7×income-to-rent ratio

73% 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.