Zip 79761 (Odessa, TX) Cost of Living


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How much do I need to live in Odessa, Texas?
$2,460 / month
for a family, 54.4% less expensive than the national average A total of $29,520 for the year for a family.
$2,900 / month
for a single person, 39.2% less expensive than the national average A total of $34,800 for the year for a single person.

Odessa cost of living score
84.5
Less expensive
15.5% lower
than the US average
10.3% lower
than the Texas average
Odessa (zip 79761), Texas gets a BestPlaces Cost of Living score of 84.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.5% lower than the U.S. average and 10.3% higher than the average for Texas.

Zip 79761 (Odessa, TX)

Housing costs in Odessa?
A typical home costs $154,100, which is 54.4% less expensive than the national average of $338,100 and 48.2% less expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Odessa costs $1,150 per month, which is 10.2% cheaper than the national average of $1,280 and 5.2% cheaper than the state average of $1,210.

Can I afford Odessa?
To live comfortably in Odessa (zip 79761), Texas, a minimum annual income of $29,520 for a family, and $34,800 for a single person is recommended.

What does A.I. say about Odessa?
79761 Odessa, TX has an affordable cost of living compared to many other cities in the United States. The average home price in 79761 is $165,400, which is significantly lower than the national median home value of $236,000. Additionally, the overall cost of living index in 79761 is 83.8 which is below the national average of 100. Groceries and utilities are also moderately priced in this area. Other expenses such as transportation costs are relatively low due to the fact that most residents own automobiles and gas prices have been steadily decreasing over recent years. Thus, Odessa provides an ideal environment for those looking for a high quality of life without breaking the bank.
   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
  92.7  Unlock100.0
    Unlock100.0100.0
  49.7  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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