Roanoke vs Sioux Falls

Category-by-Category Breakdown

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

Salary Equivalence

A $75,000 salary in Roanoke has the same purchasing power as $86,111 in Sioux Falls.

Conversely, $75,000 in Sioux Falls equals $65,323 in Roanoke.

Living in Roanoke vs Sioux Falls

Housing Costs

Roanoke's housing index of 57 is lower Sioux Falls's 80, translating to median home prices of $225,000 vs $265,000. The $40,000 difference in home prices means roughly $2,604 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,075/mo in Roanoke compared to $1,100/mo in Sioux Falls, a monthly difference of $25.

Grocery & Food Costs

Grocery expenses index at 97 in Roanoke and 97 in Sioux Falls. A household spending the national average of $475/month on groceries would pay approximately $461/month in Roanoke vs $461/month in Sioux Falls. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 116 in Roanoke and 94 in Sioux Falls. Monthly utility bills average approximately $464 in Roanoke vs $376 in Sioux Falls. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 91 in Roanoke and 101 in Sioux Falls. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 10-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $52,700 in Roanoke and $61,714 in Sioux Falls. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $65,062 and $66,359 respectively. Sioux Falls residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,230/month to housing in Roanoke vs $1,440/month in Sioux Falls. In Roanoke, median rent of $1,075/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 23 index points — focus your budget analysis there.

Frequently Asked Questions

Moving & Relocation Resources

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