Moving from Anchorage to Sioux Falls (2026)

Sioux Falls has a COL index of 88 vs 100 for Anchorage (100 = US average). You'd pay about 12% less for the same lifestyle.

Save ~$550/mo
on rent + taxes ยท $75K salary baseline

Change cities

Key differences

COL index
100 โ†’ 88
100 = US avg
1BR rent
$1,800 โ†’ $1,250
per month
State tax
None โ†’ None
income tax
COL difference
100 โ†’ 88
12% cheaper

Salary needed in Sioux Falls to match your Anchorage lifestyle

Based on the 12% cost of living decrease between the two cities.

Your salary in AnchorageEquivalent in Sioux Falls
$40K$35,200
$50K$44,000
$60K$52,800
$75K$66,000
$80K$70,400
$100K$88,000
$120K$105,600
$150K$132,000

๐Ÿ’ต Household income (before tax)

$75K
$
$30K$300K
Save ~$619/moon core expenses at $75K

Monthly budget at $75K โ€” Anchorage vs Sioux Falls

ExpenseAnchorageSioux Falls
Monthly take-home$4,741$4,741
1BR rent$1,800$1,250
Groceries$391$365
Transport$45$42
Utilities$165$155
Internet$90$60
Left after essentials$2,250$2,869

30-Year Wealth Builder

If you invest your monthly savings of $619 in a low-cost index fund (7% avg return), you'd accumulate an extra:

$755,162

over 30 years compared to staying in Anchorage โ€” that's the real price of a city.

$619/mo invested

Frequently asked questions

Is Sioux Falls cheaper than Anchorage?

Yes. Sioux Falls has a cost of living index of 88 vs 100 for Anchorage (100 = US average). That's about 12% cheaper.

How much will I save moving from Anchorage to Sioux Falls?

On a $75K salary, moving from Anchorage to Sioux Falls saves roughly $550/month on core expenses. That's ~$6,600/year.

What salary do I need in Sioux Falls to match my Anchorage lifestyle?

To maintain the same purchasing power as $75,000 in Anchorage, you'd need roughly $66,000/year in Sioux Falls. This is based on the overall COL index difference.

Estimates based on Q1 2026 COL index and market data. Budget uses simplified federal/state tax rates. Zillow ยท BLS ยท Numbeo ยท For general guidance only