Otterville, MO vs Taos, MO

Otterville, MO and Taos, MO have a very similar cost of living, with only a 4.8% difference in their overall index. Otterville scores 61 while Taos scores 64 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 Otterville is $688/month compared to $425/month in Taos — a 62% difference. Interestingly, home values tell a different story: while Taos has cheaper rent, Otterville actually has lower median home values ($114,000 vs $256,000).

Median household income in Otterville is $48,281 compared to $103,594 in Taos (-53.4%). While Taos is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Otterville spend roughly 17.1% of their income on rent, more than the 4.9% in Taos.