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Philip, SD vs Platte, SD

62
Philip
South Dakota
VS
-12.4%
71
Platte
South Dakota

Philip is moderately more affordable than Platte, with a 12.4% lower cost of living index. Philip scores 62 compared to 71 for Platte, where the US average is 100. This difference means residents of Platte can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Philip is $739/month compared to $860/month in Platte — a 14% difference. Home values follow the same pattern: Philip is more affordable at $102,800 median vs $165,700.

Median household income in Philip is $43,750 compared to $71,641 in Platte (-38.9%). While Platte is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Philip spend roughly 20.3% of their income on rent, more than the 14.4% in Platte.

Climate-wise, both cities share similar average temperatures (47.6°F vs 48.2°F). Platte receives more rainfall at 20.4" per year compared to 16.3" in Philip.

Income & Cost

Cost of Living Index
Philip
62
12% cheaper
Platte
71
Median Household Income
Philip
$43,750
Platte
$71,641
39% higher

Housing

Median Rent
Philip
$739
14% cheaper
Platte
$860
Median Home Value
Philip
$102,800
38% cheaper
Platte
$165,700
Population
Philip
491
Platte
1,310

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Philip 47.6°F
Platte 48.2°F
Summer High
Philip 90°F
Platte 88°F
Winter Low
Philip 10°F
Platte 11°F
Rainfall
Philip 16.3"
Platte 20.4"
Rainy Days
Philip 85d
Platte 100d