Cost of Living in Otis, CO

Get 300+ Local Insights for Any Address in Otis, CO

Get Access to 300+ Local Data Points
A+
7%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
41%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Otis Colorado National
Cost of living93115100
Groceries102104100
Health care108107100
Housing59136100
Transportation107106100
Utilities113108100
Lifestyle & Entertainment107107100
Household Items107105100
Education & Childcare117111100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Homes For Sale In Otis, CO

property for sale

201 E 4th Ave

Otis, CO
property for sale

50033 State Highway 61

Otis, CO
property for sale

33490 County Road 42

Otis, CO
property for sale

317 N Weld St

Otis, CO

Cost Of Living Quick Facts

  • The cost of living in Otis is 19% lower than the Colorado average
  • The cost of living in Otis is 7% lower than the national average
  • Otis housing is 41% lower than the national average
  • Colorado general sales tax is 43% lower than the national average
  • Colorado state income tax is 69% higher than the national average

Most Affordable Places to Live in and Around Otis

See all the best places to live around Otis

Compare Otis, CO Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in Otis?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Otis?
      Write a review to give others more information about this area.
      See all Otis poll results

      The best places in Colorado

      Here are the best places to live in ColoradoSee the best places to live in OtisSafest Cities In The USMost Dangerous Cities In The US
      Best Places in Colorado

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$76,944$6,412$1,795$2,309
      Renters$40,012$3,334$934$1,200

      Colorado Sales Tax

      State General Sales Tax With Max Surtax
      Colorado 2.9% 10%

      Colorado Income Tax

      State Income Tax (Low) Income Tax (High)
      Colorado 4.4% 4.4%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Akron, CO2,144991.2%
      Yuma, CO3,6211055.0%
      Otis, CO586936.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Carnelian Bay, CA58617675.6%
      Springville, CA5861055.2%
      Tiger, GA58611717.4%
      Richland, IA5868416.0%
      Ashland, ME5868910.7%
      Otis, CO586936.8%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026