Odessa, FL Cost Of Living
Cost Of Living In Odessa, FL Summary
Cost of living in Odessa research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Odessa is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Florida, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Odessa is 107, with 100 being the average.
The cost of living index in Odessa is 1.1x higher than the national average.
Odessa ranks as the #332 cheapest in Florida out of 459.
Odessa ranks as the #3,867 cheapest out of 6,412 in the US.
The median home value in Odessa is $352,800.
The median income in Odessa is $96,444.
Table Of Contents
Odessa's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Odessa, FL?
According to the most recent data on the cost of living, Odessa has an overall cost of living index of 107, which is 1.1x higher than the national index of 100.
Compared to Florida, Odessa has a cost of living index that's 1.1x higher than Florida's index of 101.
The standard of living in Odessa ranks as #332 most affordable out of the 459 places we measured in Florida. By definition, that implies Odessa ranks as the #127 most expensive place in the Sunshine State.
For more reading on life in Odessa, check out:
- Living In Odessa
- Search Homes For Sale In Odessa, FL
In Florida
In America
Odessa Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Odessa. Here is how it fairs on each of the criteria:
The Services index in Odessa is 99.
The Groceries index in Odessa is 105.
The Health index in Odessa is 99.
The Housing index in Odessa is 124.
The Transportation index in Odessa is 101.
The Utilities index in Odessa is 103.
| Living Expense | Odessa | Florida | National Average | |
|---|---|---|---|---|
| Overall | 107 | 101 | 100 | |
| Services | 99 | 98 | 100 | |
| Groceries | 105 | 101 | 100 | |
| Health | 99 | 96 | 100 | |
| Housing | 124 | 108 | 100 | |
| Transportation | 101 | 98 | 100 | |
| Utilities | 103 | 100 | 100 | |
Odessa, FL Housing Cost Breakdown
Housing swings affordability the most between places in Florida, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Odessa is $352,800.
The Median Rent in Odessa is $1,359.
The Median Income in Odessa is $96,444.
The Home Value To Income in Odessa is 3.7x.
The Rent To Monthly Income in Odessa is 0.17x.
| Statistic | Odessa | Florida | United States |
|---|---|---|---|
| Median Home Value | $352,800 | $248,700 | $244,900 |
| Median Rent | $1,359 | $1,301 | $1,163 |
| Median Income | $96,444 | $61,777 | $69,021 |
| Home Value To Income | 3.7x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Odessa, FL Costs By Category
Detailed Odessa Services Costs Vs. Florida
Detailed Odessa Groceries Costs Vs. Florida
Detailed Odessa Health Costs Vs. Florida
Detailed Odessa Transportation Costs Vs. Florida
Detailed Odessa Utilities Costs Vs. Florida
Odessa SnackAbility
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Cost Of Living In Cities Around Odessa
The cost of living varies in the cities and towns around Odessa. Here's a quick look at the cost of living in the most populous nearby places:
Palm Harbor, FL has a cost of living index of 100, 0.9x Odessa.
Carrollwood, FL has a cost of living index of 100, 0.9x Odessa.
Lake Magdalene, FL has a cost of living index of 101, 0.9x Odessa.
| City | Population | Cost Of Living | Vs. Odessa |
|---|---|---|---|
| Palm Harbor, FL | 60,682 | 100 | 0.9x |
| Carrollwood, FL | 35,846 | 100 | 0.9x |
| Lake Magdalene, FL | 31,211 | 101 | 0.9x |
| Citrus Park, FL | 27,440 | 101 | 0.9x |
| Temple Terrace, FL | 26,585 | 99 | 0.9x |
| Keystone, FL | 25,397 | 125 | 1.2x |
| Northdale, FL | 24,924 | 102 | 1.0x |
| Lutz, FL | 23,827 | 104 | 1.0x |
| Trinity, FL | 18,191 | 116 | 1.1x |
| Safety Harbor, FL | 17,093 | 104 | 1.0x |
