What is the cost of living in Odessa, TX?
According to the most recent data on the cost of living, Odessa has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to Texas, Odessa has a cost of living index that's 1.1x higher than Texas's index of 93.
The standard of living in Odessa ranks as #233 most affordable out of the 419 places we measured in Texas. By definition, that implies Odessa ranks as the #186 most expensive place in the Lone Star State.
For more reading on life in Odessa, check out:
Odessa Cost Of Living Vs. Texas
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 98.
The Groceries index in Odessa is 98.
The Health index in Odessa is 95.
The Housing index in Odessa is 99.
The Transportation index in Odessa is 109.
The Utilities index in Odessa is 102.
| Living Expense | Odessa | Texas | National Average |
|---|---|---|---|
| Overall | 99 | 93 | 100 |
| Services | 98 | 100 | 100 |
| Groceries | 98 | 99 | 100 |
| Health | 95 | 81 | 100 |
| Housing | 99 | 97 | 100 |
| Transportation | 109 | 103 | 100 |
| Utilities | 102 | 100 | 100 |
Odessa Cost Of Living Compared To Texas Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Texas, 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, TX Housing Cost Breakdown
Housing swings affordability the most between places in Texas, 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 $251,239.
The Median Rent in Odessa is $1,315.
The Median Income in Odessa is $73,472.
The Home Value To Income in Odessa is 3.4x.
The Rent To Monthly Income in Odessa is 0.21x.
Odessa, TX Costs By Category
Detailed Odessa Services costs vs. Texas
Detailed Odessa Groceries costs vs. Texas
Detailed Odessa Health costs vs. Texas
Detailed Odessa Transportation costs vs. Texas
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:
Midland, TX has a cost of living index of 107, 1.1x Odessa.
West Odessa, TX has a cost of living index of 88, 0.9x Odessa.
Andrews, TX has a cost of living index of 99, 1.0x Odessa.
| City | Population | Cost Of Living | Vs. Odessa |
|---|---|---|---|
| Midland, TX | 136,640 | 107 | 1.1x |
| West Odessa, TX | 32,594 | 88 | 0.9x |
| Andrews, TX | 13,468 | 99 | 1.0x |
| Kermit, TX | 5,689 | 89 | 0.9x |
