Cost of living in West Odessa research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means West Odessa is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Texas, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in West Odessa is 90, with 100 being the average.
The cost of living index in West Odessa is 0.9x lower than the national average.
West Odessa ranks as the #127 cheapest in Texas out of 414.
West Odessa ranks as the #1,206 cheapest out of 6,489 in the US.
The median home value in West Odessa is $153,929.
The median income in West Odessa is $65,782.
According to the most recent data on the cost of living, West Odessa has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to Texas, West Odessa has a cost of living index that's 1.0x lower than Texas's index of 92.
The standard of living in West Odessa ranks as #127 most affordable out of the 414 places we measured in Texas. By definition, that implies West Odessa ranks as the #287 most expensive place in the Lone Star State.
For more reading on life in West Odessa, check out:
Six factors go into calculating the cost of living index in West Odessa. Here is how it fairs on each of the criteria:
The Services index in West Odessa is 95.
The Groceries index in West Odessa is 95.
The Health index in West Odessa is 93.
The Housing index in West Odessa is 67.
The Transportation index in West Odessa is 96.
The Utilities index in West Odessa is 98.
| Living Expense | West Odessa | Texas | National Average | |
|---|---|---|---|---|
| Overall | 90 | 92 | 100 | |
| Services | 95 | 97 | 100 | |
| Groceries | 95 | 97 | 100 | |
| Health | 93 | 93 | 100 | |
| Housing | 67 | 82 | 100 | |
| Transportation | 96 | 94 | 100 | |
| Utilities | 98 | 104 | 100 | |
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 2019-2023. The key points are:
The Median Home Value in West Odessa is $153,929.
The Median Rent in West Odessa is $974.
The Median Income in West Odessa is $65,782.
The Home Value To Income in West Odessa is 2.3x.
The Rent To Monthly Income in West Odessa is 0.18x.
| Statistic | West Odessa | Texas | United States |
|---|---|---|---|
| Median Home Value | $153,929 | $298,905 | $303,400 |
| Median Rent | $974 | $1,339 | $1,348 |
| Median Income | $65,782 | $76,292 | $78,538 |
| Home Value To Income | 2.3x | 3.9x | 3.9x |
| Rent To Monthly Income | 0.18x | 0.21x | 0.21x |
| Item | West Odessa | Texas |
|---|---|---|
| Shampoo | $1.15 | $1.28 |
| Movie | $11.7 | $12.13 |
| Bowling | $17.73 | $18 |
| Haircut | $27.73 | $24.26 |
| Beauty Salon | $70.27 | $45.56 |
| Item | West Odessa | Texas |
|---|---|---|
| Ground Beef | $5.5 | $5.84 |
| Fried Chicken | $1.67 | $1.57 |
| Milk | $4.58 | $4.67 |
| Potatoes | $4.86 | $4.93 |
| Pizza | $11.64 | $12.09 |
| Beer | $10.47 | $10.41 |
| Toothpaste | $3.61 | $3.7 |
| Item | West Odessa | Texas |
|---|---|---|
| Optometrist | $134.65 | $125.68 |
| Doctor | $146.52 | $135.78 |
| Dentist | $122.61 | $113.29 |
| Item | West Odessa | Texas |
|---|---|---|
| Gasoline | $3.06 | $3.46 |
| Tire Balancing | $61.55 | $59.92 |
| Item | West Odessa | Texas |
|---|---|---|
| All Electricity | $137.32 | $193.99 |
| Phone | $207.58 | $192.25 |
The cost of living varies in the cities and towns around West 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 112, 1.2x West Odessa.
Odessa, TX has a cost of living index of 95, 1.1x West Odessa.
Andrews, TX has a cost of living index of 97, 1.1x West Odessa.
| City | Population | Cost Of Living | Vs. West Odessa |
|---|---|---|---|
| Midland, TX | 133,998 | 112 | 1.2x |
| Odessa, TX | 114,080 | 95 | 1.1x |
| Andrews, TX | 13,416 | 97 | 1.1x |
| Kermit, TX | 5,681 | 85 | 0.9x |