Livability.com has named Sioux Falls one of the 10 Best Affordable Places to Live in 2016.

According to website Editor Matt Carmichael, "Sioux Falls is an affordable city that you’d actually want to live in. It offers income equality, robust entertainment options, favorable economic conditions and ideal consumer spending."

How editors came to their conclusion is they examined cost of living in each city, focusing in on key components such as housing, transportation, food and utilities.

Once there was a short list in place, editors then factored in their own knowledge of these cities and looked for a good balance of sizes, geographies and types of cities.

Editors found Sioux Falls residents spend less than the national average on expenses like groceries and utilities, while spending slightly more on health care and clothing.

Sioux Falls also ranks high for income equality, with the median household income at $52,607 and the median home price in Sioux Falls at approximately $150,000.

Best Top 10 Affordable Places to Live, 2016

  1. Huntsville, AL
  2. Bismarck, ND
  3. Rochester, MN
  4. Round Rock, TX
  5. Sioux Falls, SD
  6. Provo, UT
  7. Greeley, CO
  8. Cedar Rapids, IA
  9. Holland, MI
  10. Bloomington, IL

(Source: Livability.com)

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