Housing costs in Otis?
A typical home costs
$215,600, which is 36.2% less expensive than the national average of
$338,100 and 59.1% less expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Otis costs
$970 per month, which is 32.2% cheaper than the national average of
$1,430 and 70.1% cheaper than the state average of
$1,650.
Can I afford Otis?
To live comfortably in Otis (zip 80743), Colorado, a minimum annual income of
$41,400 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about Otis?
The cost of living in 80743 Otis, CO is relatively low compared to other areas in the country. The median home price is $121,300, which is significantly lower than the national average of $200,000. Rent for a one-bedroom apartment averages about $500 per month, and utility costs are fairly low as well. Groceries and other essential items tend to be slightly higher than average due to its remote location; however, overall the cost of living here is very reasonable and welcoming for those who would like to move to a more rural setting.