Overall
93.9
Below avg
Metro cost profile · 2024 BEA RPP
Odessa, TX
Cost-of-living indicators for Odessa, TX, from Bureau of Economic Analysis Regional Price Parities, overall, goods, services, and rents vs the U.S. average of 100.
- 93.9
- Overall RPP
- #185
- of 387 metros
- 89.7
- Rents RPP
- $107K
- $100K national buys
Odessa ranks #185 of 387 U.S. metros by cost, and its overall price index has fallen 2.5 points since 2008.
- falling since 2008
- similar cost to Tallahassee
The verdict
Odessa costs less than 48% of U.S. metros, an overall index of 93.9, 6.1% below the national average, with services the biggest swing at 82.9.
- bottom 52%
- by overall cost, nationwide
- 93.8
- goods RPP, tradable items
- 82.9
- services RPP, labor-priced
A $100,000 national salary carries the purchasing power of about $106,501 here; matching a $100K lifestyle takes roughly $93,896.
Service-cost relief profile
How Odessa's cost structure works
Services provide the strongest cost offset in Odessa: their index is 82.9, farther below the national baseline than rents or tradable goods. The overall RPP of 93.9 therefore has a different source than a place with cheaper housing instead.
Across all reported metros, the closest component-profile matches are Sherman-Denison, TX, Daphne-Fairhope-Foley, AL, Indianapolis-Carmel-Greenwood, IN. They resemble Odessa across goods, services, and rents together, so they are stronger structure peers than a place selected only because its overall RPP happens to be nearby.
Across 2008-2024, Odessa's overall index has fallen by 2.5 points. This is a relative price-level history, not a prediction or a personal affordability recommendation; pair it with current local wages and housing options before making a decision.
Odessa vs every U.S. metro
Where this metro sits in the national cost distribution
94 Top 48% higher than 52% of 387 US metros
Each bar is a band; taller bars hold more US metros. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Bureau of Economic Analysis, Regional Price Parities · 2024
Odessa cost breakdown
BEA RPP by category, 100 = national average
- Rents
Rents
89.7 RPP
- Services
Services
82.9 RPP
- Overall
Overall
93.9 RPP
- Goods
Goods
93.8 RPP
What this shows Odessa's strongest departure is services at 82.9; rents follows at 89.7. Labor-priced local activity, rather than housing alone, is the first budget line to investigate.
Goods vs. housing, where Odessa's cost comes from
Metros near Odessa's overall cost, plotted by their goods price (horizontal) and housing price (vertical). Same headline RPP, very different structures.
Read the chart as text
- Odessa (Odessa, this metro): goods RPP 93.8, rents RPP 89.7
- Tallahassee: goods RPP 96.2, rents RPP 78.5
- Cleveland: goods RPP 93.6, rents RPP 79.4
- Hinesville: goods RPP 96.3, rents RPP 79.5
- Casper: goods RPP 95.4, rents RPP 74.2
- Warner Robins: goods RPP 96.3, rents RPP 79.2
- Sheboygan: goods RPP 93.8, rents RPP 80.5
Price Index Summary
Goods
93.8
Below avg
Services
82.9
Cheap
Rents
89.7
Cheap
RPP History (2008-2024)
The cost of living has been trending downward, decreasing by 2.5 points over this period. The largest single-year move was in 2021, when the index dropped 2.8 points from the year before, a bigger swing than the full 2008-2024 change.
Odessa overall RPP, 2008-2024
Every year on record, national average = 100
| Year | Overall |
|---|---|
| 2008 | 96.4 |
| 2009 | 94.2 |
| 2010 | 96.3 |
| 2011 | 98.6 |
| 2012 | 97.9 |
| 2013 | 100.0 |
| 2014 | 101.3 |
| 2015 | 99.3 |
| 2016 | 99.1 |
| 2017 | 98.4 |
| 2018 | 96.9 |
| 2019 | 98.1 |
| 2020 | 99.1 |
| 2021 | 96.3 |
| 2022 | 94.1 |
| 2023 | 92.6 |
| 2024 | 93.9 |
Latest BEA release change
What changed from 2023 to 2024
Odessa's overall RPP rose +1.3 points, from 92.6 in 2023 to 93.9 in 2024. The largest category movement was services, changing from 89.7 to 82.9. This is a relative change against the national benchmark, not a household's dollar bill.
Salary Equivalent
A $100,000 salary at the national average cost of living equals:
$93,896
in Odessa, TX purchasing power
$50,000 nationally
$46,948
$75,000 nationally
$70,422
$125,000 nationally
$117,370
$150,000 nationally
$140,844
$200,000 nationally
$187,792
Use the salary calculator for custom amounts.
Affordability score
D
36/100
How far the median local paycheck goes here, combining income and housing cost
Purchasing power
Not reported
Housing affordability D
36th percentile
A weighted composite (60% purchasing power, 40% housing affordability) percentile-ranked against every other tracked metro; a missing input redistributes its weight rather than deflating the score. Sources: Census ACS 5-Year 2023 (income) + BEA Regional Price Parities 2024 (cost). Vintages differ by design; see methodology.
Decision peers
Metros with a similar cost mix
These metros are closest to Odessa's combined goods, services, and rents profile. They may not have the same overall RPP, but their price pressures are shaped in a similar way.
Sherman-Denison, TX
Goods 93.8 · Services 83.3 · Rents 89.5 Daphne-Fairhope-Foley, AL
Goods 96.4 · Services 83.3 · Rents 89.2 Indianapolis-Carmel-Greenwood, IN
Goods 94.3 · Services 86.4 · Rents 88.9 Grand Junction, CO
Goods 96.1 · Services 83.3 · Rents 86.4 San Antonio-New Braunfels, TX
Goods 93.8 · Services 82.2 · Rents 94.6 Corpus Christi, TX
Goods 93.8 · Services 81.0 · Rents 84.9
TX-relative analysis
Goods prices places Odessa, TX near the bottom of TX's metros
Among the 26 TX metros PlainCost tracks with reported goods prices data, Odessa, TX ranks #3 - the 4th percentile within the state. This is a different, narrower cut than the nationwide rank above: it compares Odessa, TX only against its own state's metros, not the full US field.
Goods prices
#3 of 26
4th percentile in TX
Services prices
#12 of 26
54th percentile in TX
Rent prices
#6 of 26
77th percentile in TX
Ranked by raw value (highest first); a higher rank is not automatically "more expensive is worse", see the national comparison above for direction context. This is a comparison within TX only, not a livability score.
Nationwide metros with similar overall cost or rent prices
Two BEA RPP-derived peer sets for Odessa, TX: nearest metros by overall regional price parity and by rents RPP. These are cross-state neighborhoods, not the in-state metro list below.
Similar overall RPP
Nearest metros by overall regional price parity (93.9 here).
Similar rents RPP
Nearest metros by rents regional price parity (89.7 here).
Other TX Metros
Dallas-Fort Worth-Arlington, TX 103.1 Houston-Pasadena-The Woodlands, TX 98.6 Austin-Round Rock-San Marcos, TX 98.1 Midland, TX 95.8 San Antonio-New Braunfels, TX 94.7 Sherman-Denison, TX 93.8
View all TX metros → Cheapest in TX → Most expensive in TX →
Metros with Similar Cost of Living
These metros have an overall RPP closest to Odessa, TX's index of 93.9.
Showing the 6 closest of 387 metro areas tracked nationally.
Cost of living guides →, cheapest and most-expensive metro rankings, salary negotiation with RPP data, and step-by-step comparison walkthroughs.
Compare to Other Metros
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What this means for Odessa
How to read Odessa's cost of living before a move, a job offer, or a budget.
- Budget to local prices, not headline pay, a $100K national salary spends like about $106,501 in Odessa. Salary calculator
- Start with services: it indexes at 82.9, the largest departure from the national benchmark in this metro's BEA cost mix. Compare it with the other components before treating the overall RPP as a complete household budget.
- Compare Odessa head-to-head against a specific destination before you decide. Compare metros
RPP is BEA's annual price-level benchmark for the data year shown, not a live market quote. Pair it with current local wages and housing costs before deciding.
Frequently Asked Questions
What is the cost of living in Odessa, TX?
Odessa, TX has a Regional Price Parity (RPP) index of 93.9, meaning it is 6.1% less expensive than the national average. Goods are indexed at 93.8, services at 82.9, and rents at 89.7. It ranks #185 out of 387 U.S. metro areas by overall cost.
What salary do I need in Odessa, TX to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $93,896 in Odessa, TX. Conversely, $100K earned in Odessa, TX has the purchasing power of $106,501 at the national average.
How expensive is rent in Odessa, TX?
Rents in Odessa, TX are indexed at 89.7, which is 10.3% below the national average. This makes the area relatively affordable for renters.
Is Odessa, TX getting more expensive?
From 2008 to 2024, Odessa, TX's overall cost index changed by -2.5 points (from 96.4 to 93.9). The cost of living has been declining.
What costs the most in Odessa, TX?
The priciest category in Odessa, TX is goods at 93.8, 6.2% below the national average, still the highest of the three categories. The most affordable category is services at 82.9, 17.1% below average.
What metros have a similar cost of living to Odessa, TX?
Metros with the most similar overall cost index include Tallahassee, Cleveland, Hinesville. These areas have RPP values within a few points of Odessa, TX's 93.9.
Data sources
- BEA Regional Price Parities (RPP), the cost-of-living indices shown on this page
- U.S. Census Bureau, American Community Survey (ACS), gross-rent observations behind the rents component
- BLS Consumer Price Index (CPI), goods and services price relatives
- BLS Occupational Employment and Wage Statistics (OEWS), labor-driven services component
- HUD Fair Market Rents (FMR), 40th-percentile rent cross-reference
Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.