Salary Needed to Live in Sioux Falls as a Family
A family of four (2 adults, 2 children) needs approximately $53,736/year to live comfortably in Sioux Falls, SD — including 15% savings.
Comfortable Salary
$53,736
with 15% savings
Bare Minimum
$42,843
no savings buffer
Monthly Expenses
$2,642
9% below national avg
Detailed Monthly Budget for a Family in Sioux Falls
| Expense | Sioux Falls | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 3BR Apartment/House Rent | $169 | $209 | -19% |
| 🛒 Groceries | $44 | $44 | 0% |
| ⚡ Utilities | $25 | $28 | -11% |
| 🚗 Transportation | $39 | $44 | -11% |
| 🛡️ Car Insurance | $176 | $211 | -17% |
| 🏥 Health Insurance | $45 | $53 | -15% |
| Childcare/After-school | $1,104 | $1,200 | -8% |
| Internet + Phones | $166 | $180 | -8% |
| Children Activities | $230 | $250 | -8% |
| Dining Out | $322 | $350 | -8% |
| School Supplies & Clothing | $184 | $200 | -8% |
| Healthcare Co-pays | $138 | $150 | -8% |
| Total Monthly | $2,642 | $2,919 | -9% |
How We Calculated the Salary
Monthly expenses:$2,642
Target savings (15%):$585/mo
Monthly after-tax needed:$3,227
Effective tax rate:26%
Gross annual salary needed:$53,736
Other Household Types in Sioux Falls
Related Pages
FAQ
What salary does a family with kids need in Sioux Falls?
A family with kids needs approximately $53,736/year ($4,478/month gross) to live comfortably in Sioux Falls with a 15% savings rate.
How much is rent for a family with kids in Sioux Falls?
A 3br apartment/house in Sioux Falls costs approximately $169/month, which is the largest single expense at 6% of the total budget.
Is Sioux Falls affordable for a family with kids?
Yes, Sioux Falls is 9% more affordable than the national average for a family with kids.