Otis, CO vs Pagosa Springs, CO

There is a significant gap in the cost of living between these two cities. Otis is 23.2% cheaper than Pagosa Springs. With a cost index of 74 vs 97, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Otis to Pagosa Springs should plan for substantially higher expenses across most categories.

On the housing front, median rent in Otis is $875/month compared to $1,068/month in Pagosa Springs — a 18% difference. Home values follow the same pattern: Otis is more affordable at $151,400 median vs $353,800.

Median household income in Otis is $52,237 compared to $36,712 in Pagosa Springs (+42.3%). Otis offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Otis spend roughly 20.1% of their income on rent, less than the 34.9% in Pagosa Springs. The Otis ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.