City Comparison

Olympia vs Sioux Falls

Cost of Living Comparison · 2026

Olympia

Washington
112
Above Average
$495,000
Median Home
$1,600/mo
Median Rent
$81,300
Median Income

Sioux Falls

South Dakota
93
Below Average
$265,000
Median Home
$1,100/mo
Median Rent
$61,714
Median Income

The Verdict

20.4%

Sioux Falls is 20.4% less expensive than Olympia overall. A household earning $75,000 in Olympia would need approximately $62,277 in Sioux Falls to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
131
Olympia
80
Sioux Falls
Groceries
105
Olympia
97
Sioux Falls
Utilities
91
Olympia
94
Sioux Falls
Transportation
129
Olympia
98
Sioux Falls
Healthcare
124
Olympia
101
Sioux Falls

Salary Equivalence

A $75,000 salary in Olympia has the same purchasing power as $62,277 in Sioux Falls.

Conversely, $75,000 in Sioux Falls equals $90,323 in Olympia.

Living in Olympia vs Sioux Falls

Housing Costs

Olympia's housing index of 131 is higher Sioux Falls's 80, translating to median home prices of $495,000 vs $265,000. The $230,000 difference in home prices means roughly $14,952 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,600/mo in Olympia compared to $1,100/mo in Sioux Falls, a monthly difference of $500.

Grocery & Food Costs

Grocery expenses index at 105 in Olympia and 97 in Sioux Falls. A household spending the national average of $475/month on groceries would pay approximately $499/month in Olympia vs $461/month in Sioux Falls. Sioux Falls offers a meaningful advantage on everyday food costs, saving roughly $456/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 91 in Olympia and 94 in Sioux Falls. Monthly utility bills average approximately $364 in Olympia vs $376 in Sioux Falls. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 124 in Olympia and 101 in Sioux Falls. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 23-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $81,300 in Olympia and $61,714 in Sioux Falls. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $72,589 and $66,359 respectively. Olympia residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,897/month to housing in Olympia vs $1,440/month in Sioux Falls. In Olympia, median rent of $1,600/mo fits within this budget. In Sioux Falls, median rent of $1,100/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 51 index points — focus your budget analysis there.

Frequently Asked Questions

Sioux Falls is 20.4% more affordable overall with an index of 93 vs 112.
A $75,000 salary in Olympia has equivalent purchasing power to approximately $62,277 in Sioux Falls, based on the cost of living difference.
Olympia's housing index is 131 with median homes at $495,000, while Sioux Falls's is 80 with median homes at $265,000.

Moving & Relocation Resources

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