Salary Needed to Live in Sioux Falls as a Single

A single adult living independently needs approximately $17,981/year to live comfortably in Sioux Falls, SD — including 10% savings.

Comfortable Salary
$17,981
with 10% savings
Bare Minimum
$15,551
no savings buffer
Monthly Expenses
$959
11% below national avg

Detailed Monthly Budget for a Single in Sioux Falls

ExpenseSioux FallsNat'l AvgDiff
🏠 Studio/1BR Rent$91$113-19%
🛒 Groceries$17$170%
⚡ Utilities$13$14-7%
🚗 Transportation$24$26-8%
🛡️ Car Insurance$176$211-17%
🏥 Health Insurance$45$53-15%
Internet$60$65-8%
Phone$78$85-8%
Dining & Social$276$300-8%
Entertainment$110$120-8%
Personal Care$69$75-8%
Total Monthly$959$1,079-11%

How We Calculated the Salary

Monthly expenses:$959
Target savings (10%):$123/mo
Monthly after-tax needed:$1,082
Effective tax rate:26%

Gross annual salary needed:$17,981

Other Household Types in Sioux Falls

Couple (No Kids)
$25,103/yr
$1,297/mo expenses
Family with Kids
$53,736/yr
$2,642/mo expenses
Retiree
$18,661/yr
$1,073/mo expenses

Related Pages

Living Alone in Sioux FallsCity OverviewAfford on $75K?Afford on $100K?Cost of Living

FAQ

What salary does a single person need in Sioux Falls?
A single person needs approximately $17,981/year ($1,498/month gross) to live comfortably in Sioux Falls with a 10% savings rate.
How much is rent for a single person in Sioux Falls?
A studio/1br in Sioux Falls costs approximately $91/month, which is the largest single expense at 9% of the total budget.
Is Sioux Falls affordable for a single person?
Yes, Sioux Falls is 11% more affordable than the national average for a single person.
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