๐Ÿ“Š Cost of Living Comparison

Santa Fe vs Sioux Falls

Side-by-side cost of living comparison for 2026

Santa Fe

New Mexico
117
Above Average
$480,000
Median Home
$1,600/mo
Median Rent
$61,982
Median Income

Sioux Falls

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

๐Ÿ’ก The Verdict

21% cheaper
Sioux Falls is 21% more affordable than Santa Fe. A $75,000 salary in Santa Fe is equivalent to $59,615 in Sioux Falls.

Category-by-Category Breakdown

Index values shown. National average = 100. Lower is cheaper.

Housing
153
Santa Fe
80
Sioux Falls
Groceries
103
Santa Fe
97
Sioux Falls
Utilities
96
Santa Fe
94
Sioux Falls
Transportation
99
Santa Fe
98
Sioux Falls
Healthcare
95
Santa Fe
101
Sioux Falls

๐Ÿ’ฐ Salary Equivalence

To maintain the same standard of living:

$59,615
$75K in Santa Fe โ†’ Sioux Falls
$94,355
$75K in Sioux Falls โ†’ Santa Fe

See exact take-home pay: New Mexico salaries ยท South Dakota salaries

Living in Santa Fe vs Sioux Falls

Housing is typically the biggest factor in any cost-of-living comparison. Santa Fe has a housing index of 153 while Sioux Falls sits at 80 (national average = 100). The median home in Santa Fe costs $480,000 compared to $265,000 in Sioux Falls, a difference of $215,000. Monthly rent follows a similar pattern: $1,600 in Santa Fe versus $1,100 in Sioux Falls.

Groceries and everyday expenses show a notable difference: Santa Fe scores 103 while Sioux Falls scores 97. Both cities are close to the national average for grocery costs.

Healthcare costs in Santa Fe (95) are lower than Sioux Falls (101). Both are close to the national average.

Median household income in Santa Fe is $61,982 compared to $61,714 in Sioux Falls. When adjusted for cost of living, income goes further in Sioux Falls.

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