Similar to the surrounding areas, it is substantially less expensive compared to the entire country. Compared to the city of Kansas City, it is substantially less expensive.
Home prices
Colony's median home value is $52,600. This is approximately $1,280 (2%) higher in comparison to other places in this area.It is about $164,900 (75%) lower compared to the nation as a whole, and in comparison to the city of Kansas City it is roughly $102,000 (65%) lower.
Rents
In Colony the median monthly rent is $537. This is roughly $66 (10%) lower in comparison to nearby areas.It is about $525 (49%) lower in comparison to the United States as a whole, and in comparison to the city of Kansas City it is roughly $404 (42%) lower.
Nearby places
Kincaid
Kincaid is about 9 miles east of Colony. The housing prices there are substantially less expensive. The value of the median home in Kincaid is $33,500, which works out to $19,100 (57%) lower than Colony. The rent there is significantly less expensive. The median monthly rent in Kincaid is $346, which works out to $191 (55%) lower than Colony.
Neosho Falls
Neosho Falls is roughly 10 miles southwest from Colony. Housing prices there are significantly less expensive. Neosho Falls's median home value is $13,800, which works out to $38,800 (281%) lower than Colony. The rent there is somewhat less expensive. In Neosho Falls the median rent is $479 a month, which works out to $58 (12%) lower than Colony.
Iola
Iola is approximately 10 miles south from Colony. The real estate prices there are a lot more expensive. The median home cost in Iola is $81,600, which is $29,000 (35%) higher than Colony. Rents there are a bit more expensive. The median monthly rent in Iola is $680, which is $143 (21%) higher than Colony.
Gas
Gas is about 10 miles south from Colony. Housing prices there are a little more expensive. The median home in Gas costs $73,300, which is $20,700 (28%) higher than Colony. The rent there is substantially more expensive. Gas's median monthly rent is $794, which is $257 (32%) higher than Colony.
La Harpe
La Harpe is about 11 miles south from Colony. Its real estate prices are similar. The median home in La Harpe costs $54,400, which comes out to $1,800 (3%) higher than Colony. The rent there is a bit more expensive. In La Harpe the median monthly rent is $715, which is $178 (24%) higher than Colony.
