Cost of Living in Odessa, FL

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C-
23%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
63%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Odessa Florida National
Cost of living123102100
Groceries103102100
Health care105104100
Housing16397100
Transportation103103100
Utilities112110100
Lifestyle & Entertainment107104100
Household Items104102100
Education & Childcare109106100
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Homes For Sale In Odessa, FL

property for sale

2831 Crimson Cap St

, FL
property for sale

16117 Suncrest Shores Dr

Odessa, FL
property for sale

14406 Middlefield Ln

Odessa, FL
property for sale

18258 Wayne Rd

Odessa, FL

Cost Of Living Quick Facts

  • The cost of living in Odessa is 20% higher than the Florida average
  • The cost of living in Odessa is 23% higher than the national average
  • Odessa housing is 63% higher than the national average
  • Florida general sales tax is 18% higher than the national average
  • Florida state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Odessa

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Compare Odessa, FL Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
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      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$145,889$12,157$3,404$4,377
      Renters$68,227$5,686$1,592$2,047
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Odessa, FL, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Odessa, homeowners have a median income of $145,889. Using that number, a maximum of $3,404 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $68,227, which means there is a maximum of $1,592 to be spent on the costs of renting a home or apartment.

      Florida Sales Tax

      State General Sales Tax With Max Surtax
      Florida 6% 7.5%

      Florida Income Tax

      State Income Tax (Low) Income Tax (High)
      Florida 0% 0%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Moon Lake, FL4,3308911.0%
      New Port Richey, FL17,130928.0%
      Holiday, FL21,830927.9%
      Beacon Square, FL7,302927.7%
      Bayonet Point, FL27,360937.2%
      Odessa, FL7,98012322.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Joshua Tree, CA7,9801076.8%
      Pomona, NJ7,9801077.5%
      Union, SC7,9818415.5%
      Murphysboro, IL7,9838218.2%
      Wynne, AR7,9758712.9%
      Odessa, FL7,98012322.6%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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