What is the cost of living in Colby, KS?
According to the most recent data on the cost of living, Colby has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.
Compared to Kansas, Colby has a cost of living index that's 1.0x lower than Kansas's index of 91.
The standard of living in Colby ranks as #26 most affordable out of the 65 places we measured in Kansas. By definition, that implies Colby ranks as the #39 most expensive place in the Sunflower State.
For more reading on life in Colby, check out:
Colby Cost Of Living Vs. Kansas
Six factors go into calculating the cost of living index in Colby. Here is how it fares on each of the criteria:
The Services index in Colby is 101.
The Groceries index in Colby is 100.
The Health index in Colby is 69.
The Housing index in Colby is 96.
The Transportation index in Colby is 95.
The Utilities index in Colby is 98.
| Living Expense | Colby | Kansas | National Average |
|---|---|---|---|
| Overall | 89 | 91 | 100 |
| Services | 101 | 98 | 100 |
| Groceries | 100 | 97 | 100 |
| Health | 69 | 76 | 100 |
| Housing | 96 | 97 | 100 |
| Transportation | 95 | 93 | 100 |
| Utilities | 98 | 95 | 100 |
Colby Cost Of Living Compared To Kansas Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Kansas, check out:
Protect your home budget Compare home warranties in Colby Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Colby, KS Housing Cost Breakdown
Housing swings affordability the most between places in Kansas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Colby is $180,597.
The Median Rent in Colby is $750.
The Median Income in Colby is $63,494.
The Home Value To Income in Colby is 2.8x.
The Rent To Monthly Income in Colby is 0.14x.
