What is the cost of living in Odessa, FL?
According to the most recent data on the cost of living, Odessa has an overall cost of living index of 121, which is 1.2x higher than the national index of 100.
Compared to Florida, Odessa has a cost of living index that's 1.2x higher than Florida's index of 104.
The standard of living in Odessa ranks as #344 most affordable out of the 462 places we measured in Florida. By definition, that implies Odessa ranks as the #118 most expensive place in the Sunshine State.
For more reading on life in Odessa, check out:
Odessa Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Odessa. Here is how it fares on each of the criteria:
The Services index in Odessa is 102.
The Groceries index in Odessa is 106.
The Health index in Odessa is 165.
The Housing index in Odessa is 104.
The Transportation index in Odessa is 113.
The Utilities index in Odessa is 109.
| Living Expense | Odessa | Florida | National Average |
|---|---|---|---|
| Overall | 121 | 104 | 100 |
| Services | 102 | 101 | 100 |
| Groceries | 106 | 105 | 100 |
| Health | 165 | 99 | 100 |
| Housing | 104 | 104 | 100 |
| Transportation | 113 | 109 | 100 |
| Utilities | 109 | 105 | 100 |
Odessa Cost Of Living Compared To Florida Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Florida, check out:
Protect your home budget Compare home warranties in Odessa Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Odessa, FL Housing Cost Breakdown
Housing swings affordability the most between places in Florida, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Odessa is $681,651.
The Median Rent in Odessa is $1,909.
The Median Income in Odessa is $117,806.
The Home Value To Income in Odessa is 5.8x.
The Rent To Monthly Income in Odessa is 0.19x.
Odessa, FL Costs By Category
Detailed Odessa Services costs vs. Florida
Detailed Odessa Groceries costs vs. Florida
Detailed Odessa Health costs vs. Florida
Detailed Odessa Transportation costs vs. Florida
Odessa SnackAbility
Cost Of Living In Cities Around Odessa
The cost of living varies in the cities and towns around Odessa. Here's a quick look at the cost of living in the most populous nearby places:
Palm Harbor, FL has a cost of living index of 114, 0.9x Odessa.
Carrollwood, FL has a cost of living index of 115, 1.0x Odessa.
Lake Magdalene, FL has a cost of living index of 111, 0.9x Odessa.
| City | Population | Cost Of Living | Vs. Odessa |
|---|---|---|---|
| Palm Harbor, FL | 61,512 | 114 | 0.9x |
| Carrollwood, FL | 36,725 | 115 | 1.0x |
| Lake Magdalene, FL | 32,083 | 111 | 0.9x |
| Citrus Park, FL | 28,804 | 119 | 1.0x |
| Temple Terrace, FL | 27,275 | 110 | 0.9x |
| Lutz, FL | 27,106 | 122 | 1.0x |
| Keystone, FL | 25,858 | 134 | 1.1x |
| Northdale, FL | 25,710 | 117 | 1.0x |
| Trinity, FL | 18,907 | 129 | 1.1x |
| Safety Harbor, FL | 17,033 | 121 | 1.0x |
