Cost of Living in Odessa, FL

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

173.5

100 = national avg

+73.5 vs national average

Living Wage (1 Adult)

$76,319

per year

Living Wage (Family of 4)

$180,389

per year

Cost Index by Category

Housing
203.9
Food
139.3
Transportation
178.7
Healthcare
131.5
Utilities
144.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,696

per month

2 Bedroom

$1,977

per month

The overall cost of living index in Odessa is 173.5, which is 73.5% above the national average. Housing costs are above the national average at an index of 203.9. A single adult needs to earn approximately $76,319 per year to cover basic expenses.