Colony, AL vs New Site, AL

Colony is moderately more affordable than New Site, with a 11.3% lower cost of living index. Colony scores 56 compared to 63 for New Site, where the US average is 100. This difference means residents of New Site can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Colony is $638/month compared to $586/month in New Site — a 9% difference. Interestingly, home values tell a different story: while New Site has cheaper rent, Colony actually has lower median home values ($60,800 vs $166,700).

Median household income in Colony is $43,750 compared to $66,875 in New Site (-34.6%). While New Site is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Colony spend roughly 17.5% of their income on rent, more than the 10.5% in New Site.

Climate-wise, New Site is notably warmer with an average of 63.1°F compared to 59.9°F in Colony. Colony receives more rainfall at 58.7" per year compared to 52.1" in New Site.