Calculate using real Sioux Falls data. Median home price: $275,000. Property tax rate: 1.28%.
Sioux Falls, SD has a cost of living index of 92, where 100 represents the national average. This means living in Sioux Falls is 8% less expensive the national average.
The median household income in Sioux Falls, SD is $63,415. Combined with a cost of living index of 92, this provides a picture of purchasing power in the area.
The median home price in Sioux Falls, SD is $275,000 with a property tax rate of 1.28%. Monthly housing costs (mortgage + taxes + insurance) on a median-priced home would be approximately $1,834.