Cost of Living: Saratoga springs, NY vs Sioux falls, SD

Housing

The housing market plays a significant role in determining the cost of living.

Metric Saratoga springs Sioux falls
Housing Index 120.0 90.0
Median Home Price $430,000 $273,000
Average Rent (2 BR Apartment) $2300 $1200
Average Rent (2 BR House) $2400 $1280

Housing Comparison: Saratoga springs vs Sioux falls

  • In Saratoga springs, the median home price is higher at $430,000, while in Sioux falls it is $273,000.
  • Renting a two-bedroom apartment costs more in Saratoga springs at $2,300 than in Sioux falls at $1,200.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Saratoga springs Sioux falls
Electricity Price $26.08 $14.15
Natural Gas Price $18.13 $10.63
Other Utilities $250 $250

Utilities Comparison: Saratoga springs vs Sioux falls

  • Electricity costs are higher in Saratoga springs at $26.08 per kWh, compared to $14.15 in Sioux falls.
  • Natural gas is more expensive in Saratoga springs at $18.13 per unit, while it is cheaper at $10.63 in Sioux falls.
  • Utility expenses are equal in both Saratoga springs and Sioux falls averaging $250.