Philip, SD vs Platte, SD
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.
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Housing
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Climate
NOAA 30-year normals (1991-2020)