Cost of Living: Sioux falls, SD vs Red lodge, MT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Sioux falls | Red lodge |
|---|---|---|
| Housing Index | 90.0 | 115.0 |
| Median Home Price | $273,000 | $311,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1280 | $1236 |
Housing Comparison: Sioux falls vs Red lodge
- The median home price in Red lodge is higher at $311,000, compared to $273,000 in Sioux falls.
- The rent for a two-bedroom apartment is equal in both Sioux falls and Red lodge 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 | Sioux falls | Red lodge |
|---|---|---|
| Electricity Price | $14.15 | $13.58 |
| Natural Gas Price | $10.63 | $8.31 |
| Other Utilities | $250 | $280 |
Utilities Comparison: Sioux falls vs Red lodge
- Electricity costs are higher in Sioux falls at $14.15 per kWh, compared to $13.58 in Red lodge.
- Red lodge experiences higher natural gas costs at $8.31 per unit, with costs at $10.63 in Sioux falls.
- Red lodge has higher utility expenses, averaging $280, while Sioux falls averages $250.