Colby, WI vs Eleva, WI

Colby, WI and Eleva, WI have a very similar cost of living, with only a 1.7% difference in their overall index. Colby scores 69 while Eleva scores 68 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Colby is $821/month compared to $725/month in Eleva — a 13% difference. Interestingly, home values tell a different story: while Eleva has cheaper rent, Colby actually has lower median home values ($147,900 vs $165,900).

Median household income in Colby is $52,574 compared to $55,625 in Eleva (-5.5%). Eleva 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 18.7% of their income on rent, more than the 15.6% in Eleva.