Odessa Metro Area, TX Cost of Living


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United States / Texas / Odessa Metro Area / Counties / Cities / Zip Codes
How much do I need to live in Odessa, Texas?
$3,060 / month
for a family, 43.3% less expensive than the national average A total of $36,720 for the year for a family.
$3,067 / month
for a single person, 35.7% less expensive than the national average A total of $36,800 for the year for a single person.

Odessa cost of living score
84.2
Less expensive
15.8% lower
than the US average
10.6% lower
than the Texas average
Odessa Te Metro Area, Texas gets a BestPlaces Cost of Living score of 84.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.8% lower than the U.S. average and 10.6% higher than the average for Texas.

Odessa Metro Area, TX

Housing costs in Odessa?
A typical home costs $192,200, which is 43.2% less expensive than the national average of $338,100 and 35.4% less expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Odessa costs $1,210 per month, which is 15.4% cheaper than the national average of $1,430 and 5.8% cheaper than the state average of $1,280.

Can I afford Odessa?
To live comfortably in Odessa Te Metro Area, Texas, a minimum annual income of $36,720 for a family, and $36,800 for a single person is recommended.

What does A.I. say about Odessa?
The cost of living in Odessa, TX Metro Area is significantly lower than the US average, with an index of 84.2 compared to 100. This means that it is more affordable to live in Odessa than other areas of the country. Furthermore, the median value of a house in the area is $192,200 - much less than the national average of $338,100. This affordability makes Odessa an attractive place for people looking to purchase a home and make it their primary residence. The low cost of living coupled with relatively low housing costs makes Odessa an ideal place to settle down and start a life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesOdessaTexasUnited States
    Unlock94.2100.0
  94.1  Unlock100.0
    Unlock100.0100.0
  58.7  Unlock100.0
    Unlock$297,600$338,100
  98.3  Unlock100.0
    Unlock103.3100.0
  83.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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