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Cost of Living in Phillips County

Is it better to rent or buy in Phillips County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$62,033
$708/mo

Median in area: $708

$94,045

Median in area: $94,045

$18,809

If you Rent

🔑
$916 /mo
Base Rent$708
Est. Utilities$208
% of Income17.7%
Pre-tax Residual$4,253

If you Buy

🏠
$975 /mo
P&I (7.298%)$516
Taxes & Ins$251
Est. Utilities$208
% of Income18.9%
Pre-tax Residual$4,195

Compare Nearby Areas

See how Phillips County stacks up against neighboring areas.

countyFranklin County, NE
$740/mo
countyHarlan County, NE
$657/mo
countyRooks County, KS
$681/mo
countySmith County, KS
$619/mo
countyNorton County, KS
$609/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Phillips County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Phillips County. The estimated all-in monthly cost for renting is $916, while owning a median-priced home with a 20% down payment is roughly $975 per month (a difference of $59).

How much do utilities cost in Phillips County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Phillips County is approximately $208. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Phillips County?›

To comfortably afford the median rent and utilities in Phillips County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $36,640 per year.