Philip cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexPhilipSouth DakotaNational
Cost of living index8391100
IndexPhilipSouth DakotaNational
Goods & Services index9496100
Groceries index10097100
Health care index96101100
Housing index5175100
Transportation index9696100
Utilities index100105100

Did you know?

  • The cost of living in Philip is 9% lower than the South Dakota average.
  • The cost of living in Philip is 17% lower than the national average.
  • The cost of housing in Philip is 49% lower than the national average.
  • South Dakota general sales tax is 21% lower than the national average.
  • South Dakota state income tax is 100% lower than the national average.

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$37,500$3,125$875$1,125
Renters$24,583$2,049$574$738

South Dakota Sales Tax

StateGeneral Sales TaxWith Max Surtax
South Dakota4%6%

South Dakota Income Tax

StateIncome Tax (Low)Income Tax (High)
South Dakota0%0%

Goods & Services

ItemPhilipNational avg.Difference
Haircut $15.33$15.561.5%
Beauty Salon $24.71$36.1131.6%
Toothpaste $2.61$2.475.7%
Shampoo $0.96$0.960.9%
Movie $8.75$10.1313.6%
Bowling $4.50$4.745.0%

Groceries

ItemPhilipNational avg.Difference
Ground Beef $4.00$3.980.5%
Fried Chicken $1.60$1.4113.5%
Milk $1.94$2.066.2%
Potatoes $2.48$2.9816.7%
Pizza $8.16$9.4713.8%
Beer $11.24$8.7927.8%

Health Care

ItemPhilipNational avg.Difference
Optometrist $109.37$101.048.2%
Doctor $103.36$107.443.8%
Dentist $83.35$90.427.8%
Ibuprofen $9.57$9.283.2%
Lipitor $398.11$426.506.7%

Housing

ItemPhilipNational avg.Difference
Home Price $77,100.00$175,700.0056.1%
Avg. Mortgage Payment $1,545.53$1,133.2336.4%
Apartment Rent $619.00$920.0032.7%

Transportation

ItemPhilipNational avg.Difference
Gasoline $2.02$1.991.4%
Tire Balancing $38.88$45.7615.0%

Utilities

ItemPhilipNational avg.Difference
All Electricity$136.36$163.8116.8%
Phone $35.00$28.3923.3%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Cottonwood, SD396-4%
Kadoka, SD67076-24%
Philip, SD77383-17%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Fairmount, GA77382-18%
Potlatch, ID77391-9%
May Creek, WA7731066%
Butte des Morts, WI7731077%
Arcadia, MO77383-17%
Philip, SD77383-17%
Source: The Philip, SD cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.