Housing costs in Colby?
A typical home costs
$149,400, which is 55.8% less expensive than the national average of
$338,100 and 38.8% less expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Colby costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 30.4% cheaper than the state average of
$1,030.
Can I afford Colby?
To live comfortably in Colby (zip 54421), Wisconsin, a minimum annual income of
$28,800 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Colby?
The cost of living in 54421 Colby, WI is quite reasonable. The overall cost of living index in Colby is 79.3 which is significantly lower than the national average. Housing costs are much lower than the national average, with an average home price of around $145,000 and monthly rent for a two-bedroom apartment averaging around $725. Gasoline prices are also below the national average and groceries are comparable to other parts of the country. In addition, utilities such as electricity and water tend to be relatively inexpensive compared to other areas in Wisconsin. All in all, 54421 Colby, WI offers a great deal when it comes to affordable living.