salaryRent is lower than in 77% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 9.7 minutes.
How much money do I need?
To rent here comfortably, you should earn about $47,040 a year. That is $23 an hour at a full-time job.
Is rent cheaper than other Kansas cities?
Yes. Rent here is cheaper than in most of Kansas. It is number 27 of 65 cities from cheapest to most expensive.
How much do households earn in Colby?
Share of households by yearly income. 17.6% of households earn $100,000 or more.
Rent by apartment size in Colby
| Size | Colby | U.S. average |
|---|---|---|
| 1 bedroom | $673 | $1,324 |
| 2 bedrooms | $843 | $1,509 |
| 3 bedrooms | $1,048 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Colby overall?
Everyday prices in Kansas overall are 10% below the U.S. average (index 90.1, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Colby, so the Kansas figure is shown.
Taxes and bills in Colby
Life in Colby
Is it cheaper to rent or buy in Colby?
About the same. Renting and owning cost within $45 of each other each month.
Owning assumes a typical $163,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $16,300 for the down payment.
Frequently asked questions
What is the average rent in Colby, KS?
Renting in Colby costs a median of about $1,176 a month in 2026, including utilities. The Kansas median is $1,222.
How much do I need to make to live in Colby?
To keep rent under 30% of income, you need about $47,040 a year, or $23 an hour at a full-time job.
Is Colby cheap or expensive?
Colby is rated OK: rent takes 20.6% of the typical household income of $68,478. It ranks 27th cheapest of 65 Kansas cities we track.
How much are property taxes in Colby?
The median homeowner in Colby pays $2,573 a year in property taxes, about 1.58% of the median home value.
Is Colby more expensive than the national average?
Overall prices in Kansas are 10% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Colby?
The median home value in Colby is $163,000, about 2.4 times the typical yearly household income.
5,387 people live in Colby. Numbers are typical (middle) values.