Living Cost Compare
Buffalo

New York

$1,150/mo est.

vs
Sioux Falls

South Dakota

$1,030/mo est.

Monthly estimate = 1BR rent + electricity + gas

A one-person monthly baseline (1BR rent plus typical utilities) runs $1,150 in Buffalo, NY versus $1,030 in Sioux Falls, SD. Overall, Sioux Falls, SD is roughly 10% cheaper to live in day-to-day than Buffalo, NY, driven mainly by electricity costs.

Median household income is $48,050 in Buffalo, NY and $74,714 in Sioux Falls, SD — about 36% higher in Sioux Falls, SD. New York has a top state income tax rate of 10.90% and a 4% state sales tax; South Dakota has no state income tax and a 4.2% state sales tax.

Rent

Studio
$812
$825
+2% in Sioux Falls, SD
1 Bedroom
$849
$870
+2% in Sioux Falls, SD
2 Bedroom
$954
$1,000
+5% in Sioux Falls, SD
3 Bedroom
$1,080
$1,237
+15% in Sioux Falls, SD

Buying a Home

Median Home Value
$152,300
$271,400
+78% in Sioux Falls, SD

Income

Median Household Income
$48,050
$74,714
+55% in Sioux Falls, SD
Metro Median Wage (annual)
$50,790
$47,970
+6% in Buffalo, NY

People & Lifestyle

Median Age
34.3 yr
35.1 yr
+0.8 yr in Sioux Falls, SD
Homeownership
42.7%
60.0%
+17.3 pp in Sioux Falls, SD
Bachelor's+ (25+)
30.3%
37.4%
+7.1 pp in Sioux Falls, SD
Avg Commute
19.9 min
17.0 min
+2.9 min in Buffalo, NY

Crime (per 100k/yr)

Violent Crime
770.5
526.7
+32% in Buffalo, NY
Property Crime
4,003.2
2,927.1
+27% in Buffalo, NY

FBI Crime Data Explorer. Offenses per 100,000 residents per year; agency reporting practices vary, so this is approximate.

Climate

Avg Annual Temperature
48.3°F
45.8°F
+2.5°F in Buffalo, NY
Annual Precipitation
40.5 in
26.4 in
+14.1 in in Buffalo, NY

Gas

Regular Gasoline
$4.04/gal
$3.94/gal
+3% in Buffalo, NY

Area: New York vs Midwest (PADD 2).

Utilities

Electricity (¢/kWh)
29.9
15.7
+47% in Buffalo, NY
Natural Gas ($/MCF)
$22.74
$10.95
+52% in Buffalo, NY

Residential, state-level averages (EIA). MCF = 1,000 cubic feet.

Groceries

Milk (gal)
$4.31
$4.31
about equal
Bread (lb)
$1.92
$1.66
+14% in Buffalo, NY
Eggs (doz)
$2.19
$3.63
+66% in Sioux Falls, SD
Ground Beef (lb)
$6.90
$6.77
+2% in Buffalo, NY
Chicken (lb)
$2.19
$2.10
+4% in Buffalo, NY
Bananas (lb)
$0.69
$0.62
+11% in Buffalo, NY

Average prices — Northeast vs Midwest (BLS). Regional where available, otherwise U.S. average.

State Taxes

Sales Tax (NY / SD)
4%
4.2%
+0.2 pp in SD
Income Tax (top rate)
10.90%
None
+10.9 pp in NY

Buffalo vs Sioux Falls — FAQ

Is it cheaper to live in Buffalo or Sioux Falls?
Sioux Falls, SD is cheaper. Its monthly baseline of $1,030 (1BR rent + utilities) runs about 10% below Buffalo, NY's $1,150, mainly because of electricity costs.
How much more do you need to earn to live in Buffalo than in Sioux Falls?
To keep rent near the recommended 30% of gross income, you'd want to earn roughly $34,000 a year in Buffalo versus $35,000 in Sioux Falls.
Which has lower taxes, Buffalo or Sioux Falls?
Buffalo is taxed under New York's rules (a top state income tax rate of 10.90% and a 4% state sales tax); Sioux Falls under South Dakota's (no state income tax and a 4.2% state sales tax).

Sources: US Census Bureau, ACS 5-Year (rent, income, home value, demographics); NOAA Climate Normals 1981–2010 (climate); EIA weekly retail (gas); Tax Foundation 2026 (state taxes).