Cost of Living: Odessa, TX vs Dallas, TX

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Odessa, TX versus $4,516/mo in Dallas, TX. In the model, rent is about 19.27% of gross in Odessa, TX versus 20.45% in Dallas, TX, so Odessa, TX tends to feel more affordable for rent.

Take-home in Odessa, TX
$4,516/mo
Income level: near
Take-home in Dallas, TX
$4,516/mo
Income level: near
Rent share (1BR) in Odessa, TX
19.27%
COLI tier: mid-range
Rent share (1BR) in Dallas, TX
20.45%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Odessa, TX and Dallas, TX.

At a glance

  • Cheaper overall (lower cost-of-living index): Dallas, TX
  • Lower rent (median 1BR/2BR): Odessa, TX
  • Lower home prices: Odessa, TX
  • Higher median household income: Odessa, TX

Cost of Living Index

Odessa, TX: 100 (U.S. = 100) · Dallas, TX: 96.8 (U.S. = 100)

Dallas, TX has a lower cost-of-living index than Odessa, TX, so a given salary generally stretches further there.

Median Rent

Odessa, TX: $1,256/mo (midpoint of 1BR/2BR) · Dallas, TX: $1,333/mo

Median rent in Dallas, TX is $77/mo higher than in Odessa, TX.

Median Home Price

Odessa, TX: $208,000 · Dallas, TX: $295,300

Median home price in Dallas, TX is $87,300 higher than in Odessa, TX.

Median Household Income

Odessa, TX: $73,030 · Dallas, TX: $67,760

Odessa, TX has a higher median household income than Dallas, TX by $5,270.

Odessa, TX overview · Dallas, TX overview · Popular comparisons