Can I Afford to Live in Sioux Falls vs Fayetteville on $40K?

Here's how a $40K/year salary plays out in both cities after taxes, rent, and core living expenses — based on Q1 2026 data.

Sioux Falls, SD
$2,728/mo take-home
Rent: $1,250/mo (46% of take-home)
Difficult
Fayetteville, NC
$2,578/mo take-home
Rent: $1,200/mo (47% of take-home)
Difficult

Monthly budget breakdown

Expense
Sioux Falls
SD
Fayetteville
NC
Monthly take-home (est.)$2,728$2,578
1BR rent$1,250$1,200
Groceries (est.)$365$353
Transport (est.)$42$42
Utilities$155$148
Internet$60$58
Left after essentials$856/month$777/month
Sioux Falls (South Dakota) has no state income tax, boosting take-home vs Fayetteville (NC rate: 4.5%).

Frequently asked questions

Is $40K a good salary in Sioux Falls?

At $40K/year in Sioux Falls, your estimated monthly take-home is $2,728. With 1BR rent around $1,250/month, rent takes up 46% of your take-home. That's considered difficult.

Is $40K a good salary in Fayetteville?

At $40K/year in Fayetteville, your estimated monthly take-home is $2,578. With 1BR rent around $1,200/month, rent takes up 47% of your take-home. That's considered difficult.

Which city is more affordable on a $40K salary?

Sioux Falls leaves you with more money after core expenses — $856/month vs $777/month in Fayetteville.

Can I afford to live alone in Sioux Falls on $40K?

It's tight. Rent in Sioux Falls would take 46% of your $40K take-home pay. You may need to find roommates or look at studios to stay within the 30% rule.

Compare other salary bands — Sioux Falls vs Fayetteville

$50K$60K$75K$80K$100K$120K$150K

See the full cost-of-living comparison

Rent, groceries, taxes, transportation, and more — side by side.

Full comparison

Take-home estimates use simplified federal/state brackets and do not account for pre-tax deductions, 401(k), or local taxes. Data: Zillow, BLS, Numbeo · Q1 2026 · For general guidance only