Overall housing costs run 17% below the national average, but residents also catch big breaks on transportation, healthcare, groceries and miscellaneous goods and services.
Comparatively affordable housing leads the way in which locals save money. The overall cost of living in the metro area runs nearly 14% below the national average. In addition to being a major employer, the presence of so many graduate and undergraduate students also helps keep costs in check. South Bend is best known for the University of Notre Dame and its illustrious college football program. On the entertainment and cultural fronts, Sioux City hosts everything from the Sioux City Bandits professional indoor football team to the Sioux City Symphony Orchestra and the Sioux City Art Center. Luke's College of Nursing are just a few of the academic institutions calling Sioux City home. Briar Cliff University, Morningside College and St. Happily for locals, this relatively small city punches well above its weight when it comes to opportunities for higher education. Transportation and miscellaneous goods and services are also less expensive in the Sioux City metro area, but healthcare costs about 5% more than the national average. Utilities are another outsized bargain at 15% less than what the average American pays. Overall housing costs – which include mortgages, rents, insurance and related expenses – run 30% below the national average.
As is typically the case, affordable housing leads the way in keeping costs in check.
Tucked away in the northwest corner of the state about 100 miles north of Omaha, Nebraska, Sioux City serves as a regional hub for business, medical care and higher education in the Northwest Iowa, Southeast South Dakota and Northeast Nebraska regions.Īnd it does so with an overall cost of living more than 13% below the national average. Sioux City is the first of three Iowa metro areas to make our list of cheapest places to live for U.S.
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