Frederick, SD vs Philip, SD

Frederick, SD and Philip, SD have a very similar cost of living, with only a 3.6% difference in their overall index. Frederick scores 60 while Philip scores 62 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Frederick is $719/month compared to $739/month in Philip — a 3% difference. Home values follow the same pattern: Frederick is more affordable at $83,100 median vs $102,800.

Median household income in Frederick is $81,071 compared to $43,750 in Philip (+85.3%). Frederick offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Frederick spend roughly 10.6% of their income on rent, less than the 20.3% in Philip.

Climate-wise, Philip is notably warmer with an average of 47.6°F compared to 44°F in Frederick. Frederick receives more rainfall at 21.8" per year compared to 16.3" in Philip.