Sioux Falls vs Toledo
Cost of Living Comparison · 2026
Sioux Falls
Toledo
The Verdict
Toledo is 20.8% less expensive than Sioux Falls overall. A household earning $75,000 in Sioux Falls would need approximately $62,097 in Toledo to maintain the same standard of living.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Sioux Falls has the same purchasing power as $62,097 in Toledo.
Conversely, $75,000 in Toledo equals $90,584 in Sioux Falls.
Living in Sioux Falls vs Toledo
Housing Costs
Sioux Falls's housing index of 80 is higher Toledo's 55, translating to median home prices of $265,000 vs $128,000. The $137,000 difference in home prices means roughly $8,904 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,100/mo in Sioux Falls compared to $825/mo in Toledo, a monthly difference of $275.
Grocery & Food Costs
Grocery expenses index at 97 in Sioux Falls and 98 in Toledo. A household spending the national average of $475/month on groceries would pay approximately $461/month in Sioux Falls vs $466/month in Toledo. 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 94 in Sioux Falls and 92 in Toledo. Monthly utility bills average approximately $376 in Sioux Falls vs $368 in Toledo. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 101 in Sioux Falls and 84 in Toledo. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 17-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.
Income & Purchasing Power
Median household income is $61,714 in Sioux Falls and $42,200 in Toledo. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $66,359 and $54,805 respectively. Sioux Falls residents enjoy stronger real purchasing power despite higher nominal wages.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $1,440/month to housing in Sioux Falls vs $985/month in Toledo. In Sioux Falls, median rent of $1,100/mo fits within this budget. In Toledo, median rent of $825/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 25 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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