Cost of Living in Ovid, CO

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

68.8

100 = national avg

-31.2 vs national average

Living Wage (1 Adult)

$30,283

per year

Living Wage (Family of 4)

$71,578

per year

Cost Index by Category

Housing
62.5
Food
80.6
Transportation
61.1
Healthcare
84.5
Utilities
80.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$759

per month

2 Bedroom

$973

per month

The overall cost of living index in Ovid is 68.8, which is 31.2% below the national average. Housing costs are below the national average at an index of 62.5. A single adult needs to earn approximately $30,283 per year to cover basic expenses.