Cost of Living in Otero County, CO

What does it cost to live in Otero County? Income, housing, and affordability breakdown.

Median Income

$47,500

Median Rent

$802/mo

Median Home

$132,600

Affordability

524

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$670
Property Tax$41
Insurance$44

Total Monthly$755
% of Income19.1%

Renting

Median Rent$802
Renter's Insurance$25

Total Monthly$827
% of Income20.3%

Living in Otero County, Colorado

Otero County has a median household income of $47,500 with housing costs that represent 19.1% of income for owners and 20.3% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 524 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Colorado

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.