Minnesota vs South Dakota: Tax & Cost Comparison

2026

Side-by-side Minnesota vs South Dakota comparison: state income tax, sales tax, property tax, cost of living, and minimum wage for 2026. Twin Cities metro vs Sioux Falls / Rapid City relocation — MN's 9.85% top against SD's no income tax. Common high-earner Twin Cities exodus.

Written and reviewed by Konstantin Iakovlev · Methodology · Updated

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.

Tax / Cost Factor Minnesota South Dakota
State income tax (top rate) 9.85% (progressive) None
State sales tax 6.88% 4.20%
Avg. effective property tax 1.05% 1.14%
Minimum wage (2026) $11.41/hr $11.85/hr
State Disability Insurance (SDI) No No
Paid Family Leave Yes No
Median home price (Q4 2025) $340,000 $295,000
Foreclosure type mixed mixed
BEA Regional Price Parity (2024) 96 92.4
Median household income (2024) $84,830 $70,850
Median 2-bedroom rent (Q4 2025) $1,620/mo $1,180/mo

Worked example: $75,000 single filer, 2026

For a single filer earning $75,000 in 2026, the rough state-tax burden comparison:

  • Minnesota: estimated state income tax ≈ $5,171, plus federal income tax (≈ $7,300 at 22% marginal), FICA $5,738, sales tax 6.88% on consumption.
  • South Dakota: estimated state income tax $0 (no state income tax), plus federal $7,300, FICA $5,738, sales tax 4.20% on consumption.

Property tax depends entirely on home value. On a $400,000 home: Minnesota ≈ $$4,200/year; South Dakota ≈ $$4,560/year.

Why this comparison? Twin Cities metro vs Sioux Falls / Rapid City relocation — MN's 9.85% top against SD's no income tax. Common high-earner Twin Cities exodus.

Frequently asked questions

Which is cheaper to live in: Minnesota or South Dakota?

By BEA Regional Price Parity (2024), Minnesota has a cost-of-living index of 96 and South Dakota is 92.4 (US average = 100). Median household income: Minnesota $84,830, South Dakota $70,850. Median 2-bedroom rent: Minnesota $1,620/mo, South Dakota $1,180/mo. South Dakota is the lower-cost state by this measure.

Does Minnesota or South Dakota have lower income tax in 2026?

South Dakota has no state income tax; Minnesota has a top rate of 9.85%. South Dakota is the clearly lower-income-tax state.

What about property taxes in Minnesota vs South Dakota?

Minnesota's average effective property tax rate is 1.05% (e.g., $4,200/year on a $400,000 home). South Dakota's rate is 1.14% ($4,560/year on $400K). Minnesota has the lower property tax burden.

Where is the minimum wage higher: Minnesota or South Dakota?

Minnesota's 2026 minimum wage is $11.13/hour; South Dakota's is $11.50/hour. South Dakota is higher.