Housing costs in Colby?
A typical home costs
$148,500, which is 56.1% less expensive than the national average of
$338,100 and 23.5% less expensive than the average Kansas home, at
$194,100. Renting a two-bedroom unit in Colby costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 15.5% cheaper than the state average of
$970.
Can I afford Colby?
To live comfortably in Colby, Kansas, a minimum annual income of
$28,440 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Colby?
Colby, KS has an affordable cost of living compared to the national average. According to Best Places, the cost of living in Colby is 11% lower than the US average. Housing costs are particularly low in Colby, with the median home value being $71,700 and rent prices averaging at $566 per month. Other basic necessities such as groceries and health care are also relatively inexpensive. In addition, the city boasts a low unemployment rate of just 3.4%. Overall, Colby is a great place to live for those looking for an affordable lifestyle without sacrificing on quality amenities and services.