Sioux Falls vs North Las Vegas: Cost of Living Comparison
How does the cost of living in Sioux Falls, South Dakota compare to North Las Vegas, Nevada? Below is a side-by-side breakdown of housing costs, income, wages, and taxes using official government data.
Summary: Sioux Falls is the more affordable city overall. Housing costs are 27% lower in Sioux Falls compared to North Las Vegas, while rent is 35% lower.
| Metric | Sioux Falls, SD | North Las Vegas, NV | Diff |
|---|---|---|---|
| Housing | |||
| Median Home Value | $250,000 | $340,200 | -26.5% |
| Median Monthly Rent | $965 | $1,479 | -34.8% |
| Income | |||
| Median Household Income | $71,785 | $71,774 | same |
| Per Capita Income | $40,198 | $29,460 | +36.4% |
| Taxes | |||
| State Income Tax Rate | None | None | same |
| Combined Sales Tax | 6.4% | 8.2% | -22.2% |
| Demographics | |||
| Population | 193,401 | 264,022 | -26.7% |
Source: U.S. Census Bureau ACS 5-Year Estimates (2022), Freddie Mac Primary Mortgage Market Survey. State/local tax rates from Tax Foundation (2024).
Rent vs. Buy Calculator — Sioux Falls
Default home price from Census ACS median. Mortgage rate: 6.38% (Freddie Mac PMMS, March 2026). Property tax est. 1.1%, insurance est. 0.35% of home value annually.
Rent vs. Buy Calculator — North Las Vegas
Default home price from Census ACS median. Mortgage rate: 6.38% (Freddie Mac PMMS, March 2026). Property tax est. 1.1%, insurance est. 0.35% of home value annually.
Key Takeaways
- Housing: The median home in Sioux Falls costs $250,000 compared to $340,200 in North Las Vegas — a 27% discount.
- Rent: Median rent is $965/mo in Sioux Falls vs $1,479/mo in North Las Vegas.
- Income: Median household income is $71,785 in Sioux Falls and $71,774 in North Las Vegas.
Methodology
This comparison uses data from the U.S. Census Bureau American Community Survey 5-Year Estimates (2022) for median household income, median home value, median gross rent, per capita income, and population. State and local tax rates are sourced from the Tax Foundation. Mortgage rates are from the Freddie Mac Primary Mortgage Market Survey (updated weekly).