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Metropolitan Statistical Area

Cost of living in the Sioux Falls Metro Area

5 counties across SD and MN. Population: 293,107.

Avg. 1-bed rent
$876/mo
Avg. household income
$80,738/yr
Avg. home value
$274,734
Avg. monthly cost
$2,857/mo

Last updated May 22, 2026

Rent in the Sioux Falls Metro Area

Average rent across the Sioux Falls metro area, weighted by county population.

Studio
$744
per month
1 bedroom
$876
per month
2 bedroom
$1,027
per month
3 bedroom
$1,406
per month
4 bedroom
$1,714
per month

Source: HUD FMR + ACS (population-weighted metro average)

Income and earnings in the Sioux Falls Metro Area

Earnings data averaged across all 5 counties.

Household income
$80,738
per year
Individual earnings
$46,704
per year
Per capita
$43,434
per year

Source: ACS (population-weighted metro average)

Home values in the Sioux Falls Metro Area

Average home values and annual property tax across the metro.

Average home value
$274,734
Average annual property tax
$3,158

Source: ACS (population-weighted metro average)

Energy costs in the Sioux Falls Metro Area

Residential electricity and natural gas estimates.

Monthly electricity
$141
per month
Monthly gas
$58
per month
Annual total
$2,395
per year

Source: EIA (state averages applied per county, weighted)

All 5 counties in the Sioux Falls Metro Area

The Sioux Falls metro area includes 5 counties across SD and MN. Sorted by population.

Compare counties in the Sioux Falls Metro Area

Put two counties side by side to see how rent, taxes and everyday costs stack up across the metro.

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Frequently asked questions about the Sioux Falls Metro Area

Common questions about cost of living in the metro area.

What is the cost of living in the Sioux Falls Metro Area?

The estimated average cost of living in the Sioux Falls metro area is approximately $2,857 per month for a single person. This is a population-weighted average across the 5 counties that make up the metro area.

What is the average rent in the Sioux Falls Metro Area?

The average one-bedroom rent across the Sioux Falls metro area is $876 per month, based on HUD Fair Market Rent data weighted by county population.

What is the cheapest county in the Sioux Falls Metro Area?

Rock County, MN is the most affordable county in the Sioux Falls metro area at approximately $2,816 per month for a single person.

What is the most expensive county in the Sioux Falls Metro Area?

Lincoln County, SD is the most expensive county in the Sioux Falls metro area at approximately $2,921 per month for a single person.

How many counties are in the Sioux Falls Metro Area?

The Sioux Falls metro area covers 5 counties across SD and MN. The five largest by population are Minnehaha County, Lincoln County, Rock County, Turner County, McCook County.

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About this data

All figures come from official U.S. government sources. Metro-area averages are population-weighted across constituent counties using Census ACS population estimates.