Cost of Living: Sioux Falls vs Knoxville (2026)

Knoxville has a 1% lower overall cost of living than Sioux Falls as of Q1 2026. A one-bedroom apartment runs $1,250/mo in Sioux Falls vs $1,300/mo in Knoxville โ€” a 4% difference.

  • Knoxville is 1% cheaper overall (COL index: 88 vs 87)
  • 1BR rent: $1,250/mo in Sioux Falls vs $1,300/mo โ€” 4% savings
  • Sioux Falls has 0% state income tax โ€” saves ~$3,300+/yr at a $75K salary
  • Higher median household income: Sioux Falls ($62,000/yr vs $53,000/yr)
  • Median home price: $265,000 in Sioux Falls vs $290,000 โ€” 9% difference
Category
Sioux Falls
South Dakota
Knoxville
Tennessee
๐Ÿ  HousingQ1 2026
Studio rent/mo$1,000Best$1,050
1BR rent/mo$1,250Best$1,300
2BR rent/mo$1,650Best$1,700
Median home price$265KBest$290K
๐Ÿ›’ Food & GroceriesQ1 2026
Groceries index (100 = US avg)9695Best
Budget meal (1 person)$12Best$12
Mid-range dinner (2)$50Best$50
๐ŸšŒ TransportationQ1 2026
Monthly transit pass/mo$42Best$45
Gas price/gal$3.10$3.05Best
Car insurance/mo$142Best$148
โšก UtilitiesQ1 2026
Monthly utilities bundle/mo$155Best$168
Internet/mo$60Best$60
๐Ÿ’ฐ Income & TaxesQ1 2026
Median household income/yr$62KBest$53K
State income tax%0.0%Best0.0%
Sales tax (combined)%6.4%Best9.5%
๐ŸŽฌ LeisureQ1 2026
Movie ticket$14.00Best$14.00
Gym membership/mo$35Best$35
Beer at restaurant$5.50Best$5.50
๐Ÿ“Š OverviewQ1 2026
Overall COL index (100 = US avg)8887Best
Walk score / 10026Best26

Frequently asked questions

Is Sioux Falls cheaper than Knoxville?

No. Knoxville is 1% cheaper than Sioux Falls based on overall cost of living indices (87 vs 88, where 100 = US average).

What is the average rent in Sioux Falls vs Knoxville?

As of Q1 2026, the median 1-bedroom rent in Sioux Falls is $1,250/month and in Knoxville is $1,300/month. Sioux Falls is cheaper by 4%.

How much do I need to earn in Knoxville to match a $75,000 salary in Sioux Falls?

To maintain a similar lifestyle, you would need approximately $74,148/year in Knoxville to match a $75,000 salary in Sioux Falls. This estimate is based on overall cost of living indices and does not account for individual spending patterns.

Which city has lower taxes โ€” Sioux Falls or Knoxville?

Knoxville has the lower state income tax rate at 0% vs 0%. Knoxville has no state income tax at all, which can save thousands of dollars per year depending on your income. Note that sales tax and local taxes also vary โ€” see the full breakdown in the table above.

Is it worth moving from Sioux Falls to Knoxville?

It depends on your priorities. Knoxville offers lower overall costs and tax advantages, but both cities have different job markets, weather, and lifestyle trade-offs. Use the comparison table above to evaluate rent, groceries, transportation, and income potential side by side based on your specific budget.

Data sourced from Zillow, BLS, Numbeo, Tax Foundation, and US Census ACS ยท Updated Q1 2026 ยท For general guidance only

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