Colby, KS vs Minneapolis, KS
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.
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Climate
NOAA 30-year normals (1991-2020)