Cost of Living in Odessa, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
117.3
100 = national avg
+17.3 vs national average
Living Wage (1 Adult)
$51,604
per year
Living Wage (Family of 4)
$121,974
per year
Cost Index by Category
Housing132.7
Food105.8
Transportation111.6
Healthcare104.7
Utilities110.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,449
per month
2 Bedroom
$1,780
per month
The overall cost of living index in Odessa is 117.3, which is 17.3% above the national average. Housing costs are above the national average at an index of 132.7. A single adult needs to earn approximately $51,604 per year to cover basic expenses.