Colby, WI vs Evansville, WI

There is a significant gap in the cost of living between these two cities. Colby is 15.7% cheaper than Evansville. With a cost index of 69 vs 82, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Colby to Evansville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Colby is $821/month compared to $941/month in Evansville — a 13% difference. Home values follow the same pattern: Colby is more affordable at $147,900 median vs $256,900.

Median household income in Colby is $52,574 compared to $78,841 in Evansville (-33.3%). While Evansville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Colby spend roughly 18.7% of their income on rent, more than the 14.3% in Evansville.