Cost of Living in Odessa, TX
Cost of Living in Odessa, TX | Compared to State Average | Compared to National Average |
---|---|---|
Housing (Buy and Rent) | 1% higher | 17% lower |
Utilities (Monthly) | 3% lower | 0% |
Food | 3% higher | 3% lower |
Healthcare | 0% | 5% lower |
Transportation | 2% lower | 5% lower |
Goods & Services | 1% higher | 3% lower |
The cost of living in Odessa, TX is same as the state average and 7% lower than the national average. Odessa, TX housing is 17% cheaper than the U.S average, while utilities are about 0% . When it comes to basic necessities such as food and clothing, groceries are around 3% less in Odessa, TX than in the rest of the country, while clothing costs around 3% less .
Healthcare services such as doctor check-ups and dentistry cost 5% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 3% cheaper in Odessa, TX.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Odessa is $1,321, while home prices circle around $429,000.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Odessa, energy bills cost around $187.65 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $4.59 in Odessa, a dozen eggs go for around $3.62 and a pound of potatoes circles around $4.74.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Odessa, an optometry check-up costs around $135.50, while a dentist appointment is priced $96.63 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.07 in Odessa, while getting your tires balanced will run you about $61.50.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $40.19 here. Meanwhile, a pair of women's slacks will set you back around $33.21.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Odessa, you should budget around $11.30 a month. When it comes to personal services, a haircut usually goes for $22.33, while dry cleaning costs about $15.11.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Odessa, the median household income is $71,293.