Colby, KS, has a cost of living index that is slightly lower than the nationwide average. The overall index for Colby stands at 91, which is 9% below the national average of 100. This means that, on average, living expenses in Colby are 9% less than in other parts of the country.
Specifically, housing costs are 15% lower, while groceries and utilities are just slightly below the average. Transportation, healthcare, and miscellaneous expenses also show minor differences, all remaining close to the national average. This makes Colby an attractive option for those looking to reduce their living costs without significant trade-offs.
Colby, KS, offers a cost of living that is notably lower than the nationwide average. The housing index in Colby stands at 85, which means it costs 15% less than the national average. This makes housing in Colby an attractive option for those looking to save on living expenses. Additionally, the groceries index is slightly above average at 96, indicating that food costs are just 4% higher than the national average. This balance between lower housing and slightly higher grocery costs provides a favorable living environment for many.
Utilities in Colby are also more affordable, with an index of 93, which is 7% lower than the national average. This reduction in utility costs can lead to significant savings for residents. Transportation costs in Colby are at 92, which is 8% below the national average, making it easier for residents to manage their daily commutes without a heavy financial burden. Healthcare costs, with an index of 90, are 10% lower than the national average, offering another area where residents can save money. Lastly, the miscellaneous index of 88 shows that other living expenses are 12% lower than the national average, further enhancing the affordability of living in Colby.
