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Pharmacist Salary in Sioux Falls, SD

How much does a pharmacist make in Sioux Falls? Explore median, entry-level, and senior salaries adjusted for Sioux Falls's cost of living.

Median Salary
$133,110
per year in Sioux Falls
Entry Level
$86,369
Starting salary
Senior Level
$177,819
Experienced professionals
Cost of Living
103
3% above national avg

Salary Breakdown by Experience Level

See how pharmacist salaries break down across different pay periods in Sioux Falls.

PeriodEntry LevelMedianSenior
Annual$86,369$133,110$177,819
Monthly$7,197$11,093$14,818
Biweekly$3,322$5,120$6,839
Weekly$1,661$2,560$3,420
Hourly$42$64$85

Sioux Falls vs National Average

How Sioux Falls's pharmacist salaries compare to national figures.

Sioux Falls Salary
$133,110
COL Index: 103
National Average
$152,660
COL Index: 100
Difference
-$19,550
Lower in Sioux Falls

Cost of Living in Sioux Falls

1-Bedroom Rent
$1,350
per month
Median Income
$57,234
per year
Population
194,110
residents
Rent % of Income
28.3%
median household
Cost of Living Index: 103 — A score of 100 represents the U.S. average. Salaries in Sioux Falls have been adjusted to account for local cost differences.

About Pharmacist

Overview

Dispense medications and advise patients on medication use and side effects.

Education

Doctor of Pharmacy (PharmD); licensure required

Key Skills

PharmacologyPatient CounselingMedication ManagementCompliance

Growth Rate

Expected job growth: +12% over the next decade

Compare Cities: Pharmacist Salary

See Pharmacist salaries in other top cities.

New York, NY
$135,720
+2%
Los Angeles, CA
$158,450
+19%
Chicago, IL
$137,610
+3%
Houston, TX
$139,010
+4%
Phoenix, AZ
$136,870
+3%

Financial Tools to Explore

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Pharmacist Salary in Sioux Falls, SD — Complete Guide

Median Salary Overview

The median salary for a pharmacist in Sioux Falls, SD is $133,110 per year, adjusted for the local cost of living index of 103. This figure reflects typical earnings for experienced professionals in this role, considering Sioux Falls's unique economic conditions.

Salary Range and Experience Levels

Entry-level pharmacist professionals in Sioux Falls can expect to earn around $86,369 annually. As professionals gain experience, salaries typically increase, with senior-level pharmacists earning approximately $177,819 per year. This represents a 106% increase from entry to senior level.

Cost of Living Adjustment

Sioux Falls's cost of living index of 103 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Sioux Falls are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $152,660, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a pharmacist's salary in Sioux Falls typically goes toward housing. With a 1-bedroom apartment averaging $1,350 per month, housing represents about 12.2% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Pharmacists are in growing demand across the United States, with an expected job growth of 12% over the next decade. In Sioux Falls, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.