Cost of Living in Odessa, TX
|Cost of Living in Odessa, TX||Compared to State Average||Compared to National Average|
|Housing (Buy and Rent)||8% higher||9% lower|
|Utilities (Monthly)||3% lower||1% lower|
|Transportation||7% higher||3% lower|
|Goods & Services||2% lower||5% lower|
The cost of living in Odessa, TX is 2% higher than the state average and 6% lower than the national average. Odessa, TX housing is 9% cheaper than the U.S average, while utilities are about 1% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 5% less in Odessa, TX than in the rest of the country, while clothing costs around 5% less .
Healthcare services such as doctor check-ups and dentistry cost 0% here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 5% cheaper in Odessa, TX.
Housing (Buy and Rent)
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 $1,052, while home prices circle around $362,250.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Odessa, energy bills cost around $167.29 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 $1.81 in Odessa, a dozen eggs go for around $1.82 and a pound of potatoes circles around $1.91.
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 $122.50, while a dentist appointment is priced $90.83 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $2.19 in Odessa, while getting your tires balanced will run you about $52.84.
Goods & Services
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 $32.96 here. Meanwhile, a pair of women's slacks will set you back around $28.69.
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 $9.99 a month. When it comes to personal services, a haircut usually goes for $19.63, while dry cleaning costs about $12.56.
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 $63,829.