The cost of living index in Colby, KS, is notably lower than the nationwide average, which is set at 100. Specifically, Colby's overall cost of living stands at 90. This means that living in Colby costs about 10% less than the national average.
When examining individual categories, Colby shows competitive pricing across the board. Housing, for instance, costs 18% less than the national average, while groceries are only 9% cheaper. Utilities and transportation also offer savings, with rates at 5% and 15% below the national average, respectively. Healthcare and miscellaneous expenses remain close to the national average, with slight variations of 2% and 10%.
Colby, Kansas, presents a cost of living that is notably below the nationwide average. With a total index of 89, this Kansas town provides residents with a more affordable lifestyle. Specifically, the housing index at 82 suggests that one can expect to spend 18% less on housing compared to the national average. Grocery costs, at 91, are also slightly below average, translating to a 9% savings. Utilities at 95 index points indicate a minimal increase, meaning residents spend just 5% more than the average American.
In comparison, the transportation cost index in Colby is 85, indicating a 15% reduction from the national average. This makes commuting and personal travel more economical. Healthcare costs are slightly above the national average at 98, implying a modest 2% increase. Miscellaneous expenses, with an index of 90, reflect a 10% savings. These figures provide a clear picture of how Colby’s cost of living offers a favorable alternative for those looking to settle or relocate.
