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Colby, KS vs Minneapolis, KS

66
Colby
Kansas
VS
+9.7%
60
Minneapolis
Kansas

Minneapolis is moderately more affordable than Colby, with a 9.7% lower cost of living index. Colby scores 66 compared to 60 for Minneapolis, where the US average is 100. This difference means residents of Colby can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Colby is $736/month compared to $592/month in Minneapolis — a 24% difference. Home values follow the same pattern: Minneapolis is more affordable at $133,100 median vs $150,700.

Median household income in Colby is $66,731 compared to $65,694 in Minneapolis (+1.6%). Colby does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Colby spend roughly 13.2% of their income on rent, more than the 10.8% in Minneapolis.

Climate-wise, Minneapolis is notably warmer with an average of 55.8°F compared to 51.7°F in Colby. Minneapolis receives more rainfall at 29.7" per year compared to 19.1" in Colby.

Income & Cost

Cost of Living Index
Colby
66
Minneapolis
60
9% cheaper
Median Household Income
Colby
$66,731
2% higher
Minneapolis
$65,694

Housing

Median Rent
Colby
$736
Minneapolis
$592
20% cheaper
Median Home Value
Colby
$150,700
Minneapolis
$133,100
12% cheaper
Population
Colby
5,389
Minneapolis
2,101

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Colby 51.7°F
Minneapolis 55.8°F
Summer High
Colby 90°F
Minneapolis 93°F
Winter Low
Colby 17°F
Minneapolis 20°F
Rainfall
Colby 19.1"
Minneapolis 29.7"
Rainy Days
Colby 81d
Minneapolis 89d