Ordway, CO vs Otis, CO

Ordway, CO and Otis, CO have a very similar cost of living, with only a 1.2% difference in their overall index. Ordway scores 75 while Otis scores 74 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Ordway is $1,045/month compared to $875/month in Otis — a 19% difference. Interestingly, home values tell a different story: while Otis has cheaper rent, Ordway actually has lower median home values ($99,200 vs $151,400).

Median household income in Ordway is $55,313 compared to $52,237 in Otis (+5.9%). While Ordway is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ordway spend roughly 22.7% of their income on rent, more than the 20.1% in Otis.