Living Cost Compare
Paterson

New Jersey

$1,430/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 $1,430 in Paterson, NJ versus $1,030 in Sioux Falls, SD. Overall, Sioux Falls, SD is roughly 28% cheaper to live in day-to-day than Paterson, NJ, driven mainly by rent.

Median household income is $53,766 in Paterson, NJ and $74,714 in Sioux Falls, SD — about 28% higher in Sioux Falls, SD. New Jersey has a top state income tax rate of 10.75% and a 6.625% state sales tax; South Dakota has no state income tax and a 4.2% state sales tax.

Rent

Studio
$786
$825
+5% in Sioux Falls, SD
1 Bedroom
$1,183
$870
+26% in Paterson, NJ
2 Bedroom
$1,468
$1,000
+32% in Paterson, NJ
3 Bedroom
$1,729
$1,237
+28% in Paterson, NJ

Buying a Home

Median Home Value
$335,400
$271,400
+19% in Paterson, NJ

Income

Median Household Income
$53,766
$74,714
+39% in Sioux Falls, SD
Metro Median Wage (annual)
$61,430
$47,970
+22% in Paterson, NJ

People & Lifestyle

Median Age
33.3 yr
35.1 yr
+1.8 yr in Sioux Falls, SD
Homeownership
26.2%
60.0%
+33.8 pp in Sioux Falls, SD
Bachelor's+ (25+)
12.5%
37.4%
+24.9 pp in Sioux Falls, SD
Avg Commute
23.1 min
17.0 min
+6.1 min in Paterson, NJ

Crime (per 100k/yr)

Violent Crime
1,010.1
526.7
+48% in Paterson, NJ
Property Crime
2,391.4
2,927.1
+22% in Sioux Falls, SD

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

Climate

Avg Annual Temperature
52.2°F
45.8°F
+6.4°F in Paterson, NJ
Annual Precipitation
49.0 in
26.4 in
+22.7 in in Paterson, NJ

Gas

Regular Gasoline
$3.94/gal
$3.85/gal
+2% in Paterson, NJ

Area: East Coast (PADD 1) vs Midwest (PADD 2).

Utilities

Electricity (¢/kWh)
24.9
15.4
+38% in Paterson, NJ
Natural Gas ($/MCF)
$17.68
$15.26
+14% in Paterson, NJ

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 Paterson, NJ
Eggs (doz)
$2.19
$3.63
+66% in Sioux Falls, SD
Ground Beef (lb)
$6.90
$6.77
+2% in Paterson, NJ
Chicken (lb)
$2.19
$2.10
+4% in Paterson, NJ
Bananas (lb)
$0.69
$0.62
+11% in Paterson, NJ

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

State Taxes

Sales Tax (NJ / SD)
6.625%
4.2%
+2.4 pp in NJ
Income Tax (top rate)
10.75%
None
+10.8 pp in NJ

Paterson vs Sioux Falls — FAQ

Is it cheaper to live in Paterson or Sioux Falls?
Sioux Falls, SD is cheaper. Its monthly baseline of $1,030 (1BR rent + utilities) runs about 28% below Paterson, NJ's $1,430, mainly because of rent.
How much more do you need to earn to live in Paterson than in Sioux Falls?
To keep rent near the recommended 30% of gross income, you'd want to earn roughly $47,000 a year in Paterson versus $35,000 in Sioux Falls.
Which has lower taxes, Paterson or Sioux Falls?
Paterson is taxed under New Jersey's rules (a top state income tax rate of 10.75% and a 6.625% 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).