Cost of Living

Odessa’s charming nature and quality of life are amplified by a refreshing cost of living, which is 12% less than the national average in 2023. Today’s economic environment presents challenges for families and companies alike, which makes residing and doing business in Odessa more appealing than ever. Nearly all expenses are more favorable in Odessa than in other surrounding communities.

Cost of Living Comparison to 2023 National Average per Salary.com

CategoryOdessaDallasAustinHoustonDenver
Cost of Living-12.4% -2.7%+2.3% -8.0%+12.5%
Energy-13.6%-3.0%  -11.9%-12.8%-18%
Food-5.0%-3.2%+7.4%-9.1%-2.0%
Healthcare+11.2%-9.8%+13%+2.7%+23.3%
Housing-35.1%-12.3%+1.1%-13.7%+16.4%
Transportation-5.2%+0.5%-3.7%-12.4%+21.2%

Odessa, TX Cost of Living Comparison

93.2

of National Average

95.9

Grocery

83.1

Housing

101.7

Utilities

92.6

Transportation

97.8

Healthcare

97.7

Miscellaneous

National Average
Odessa TX
Ann Arbor MI
Hartford CT
Rochester MN
Allentown PA
Topeka KS
Percentages based on U.S. National Average. Data Source: COLI Quarterly Cost of Living Index. Index and average prices are based on data gathered between Q2023 - Q32024. For more information on the methodology, please visit C2ER Cost of Living Index website (www.coli.org).