Colby, KS vs WaKeeney, KS

WaKeeney is moderately more affordable than Colby, with a 5.1% lower cost of living index. Colby scores 66 compared to 63 for WaKeeney, 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 $719/month in WaKeeney — a 2% difference. Home values follow the same pattern: WaKeeney is more affordable at $118,000 median vs $150,700.

Median household income in Colby is $66,731 compared to $74,000 in WaKeeney (-9.8%). WaKeeney offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Colby spend roughly 13.2% of their income on rent, more than the 11.7% in WaKeeney.