Colby, KS vs Wellsville, KS
There is a significant gap in the cost of living between these two cities. Colby is 22.2% cheaper than Wellsville. With a cost index of 66 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Colby to Wellsville should plan for substantially higher expenses across most categories.
On the housing front, median rent in Colby is $736/month compared to $1,264/month in Wellsville — a 42% difference. Home values follow the same pattern: Colby is more affordable at $150,700 median vs $166,100.
Median household income in Colby is $66,731 compared to $67,292 in Wellsville (-0.8%). Wellsville 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, less than the 22.5% in Wellsville.
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