Cost of Living in Odessa, TX
Cost of Living in Odessa, TX | Compared to State Average | Compared to National Average |
---|---|---|
Housing (Buy and Rent) | 0% | 16% lower |
Utilities (Monthly) | 4% lower | 1% lower |
Food | 3% higher | 6% lower |
Healthcare | 2% lower | 8% lower |
Transportation | 2% higher | 1% lower |
Goods & Services | 2% lower | 6% lower |
The cost of living in Odessa, TX is same as the state average and 8% lower than the national average. Odessa, TX housing is 16% 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 6% less in Odessa, TX than in the rest of the country, while clothing costs around 6% less .
Healthcare services such as doctor check-ups and dentistry cost 8% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 6% 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 $1,326, while home prices circle around $409,333.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Odessa, energy bills cost around $171.73 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 $2.94 in Odessa, a dozen eggs go for around $3.38 and a pound of potatoes circles around $2.78.
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 $127.79, while a dentist appointment is priced $98.25 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.52 in Odessa, while getting your tires balanced will run you about $61.92.
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 $35.17 here. Meanwhile, a pair of women's slacks will set you back around $32.71.
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 $11.91 a month. When it comes to personal services, a haircut usually goes for $22.34, while dry cleaning costs about $13.64.
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.