Odessa, DE is a great city for people looking to live in an area with a low cost of living. Odessa has several local businesses such as Dark Star Brewery, which specializes in craft beers, Odessa Family Restaurant & Pizza, and The Olde Canal Grocery Store. The average rent for a two-bedroom apartment in Odessa is $1,500 compared to the US average of $1,430; additionally, the grocery cost index in Odessa is 107 versus 100 in the US. This reflects that groceries are slightly more expensive than the national average but still quite affordable. All things considered, Odessa is an attractive place to live due to its low cost of living and its many amenities.
Odessa has an unemployment rate of 6.5%. The US average is 6.0%.
Odessa has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 32.9%, which is lower than the US average of 33.5%.
Tax Rates for Odessa
- The Sales Tax Rate for Odessa is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Odessa is 6.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Odessa
- The average income of a Odessa resident is $33,904 a year. The US average is $28,555 a year.
- The Median household income of a Odessa resident is $88,750 a year. The US average is $69,021 a year.