With the rapid development of Internet of Things (IoT) technology, IoT terminal nodes are facing many challenges in data storage, distribution, and data management. In particular, in the IoT terminal nodes considering access cost, the corresponding data distribution and storage are professional, complex, and miscellaneous. Based on the abovementioned current situation, this article innovatively proposes a complex sensor data placement algorithm based on the cloud storage distribution of IoT terminal nodes. Under this algorithm, the accurate division of IoT data I/O methods is realized through reasonable configuration. Through the adaptive sensing algorithm, while fully considering the access cost of the algorithm, the performance of the IoT data storage system is further optimized. In the corresponding terminal node load balancing problem, this article innovatively proposes the terminal node data sorting and distribution algorithm through the node data. The sorting and distribution algorithm realizes the precise segmentation of the IoT data to be processed, thereby realizing the improvement of data reading and processing speed. Based on the proposed algorithm, this article designs a load balancing cloud storage data distribution optimization system of IoT terminal nodes considering access cost and carries out experimental verification in a real environment. The experimental results show that the data pattern division accuracy corresponding to the proposed distribution strategy is improved to 97.13% and the corresponding data access efficiency is improved to 98.3%, compared with the traditional distribution strategy. Therefore, the data distribution strategy proposed in this article has obvious performance advantages and further promotion value.