CostIndexUSA

Denver, CO vs Odessa, TX Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CO
Denver
105.8
overall index
$1,850/mo rent
More AffordableTX
Odessa
93.9
overall index
$1,550/mo rent

Odessa is moderately cheaper than Denver — 11.2% lower overall cost of living.

To match an $80,000 salary in Denver, you would need $71,000 in Odessa. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing38.9%
Denver
146.9
Odessa
89.7
🛒 Groceries7.1%
Denver
101
Odessa
93.8
🚗 Transportation3.2%
Denver
104.4
Odessa
101.1
🏥 Healthcare3.3%
Denver
94.5
Odessa
91.4
Utilities5.7%
Denver
87.9
Odessa
82.9

Salary Equivalency Calculator

Enter your current salary in Denver to see what you'd need to earn in Odessa to maintain the same purchasing power.

$
Equivalent salary in Odessa, TX
$71,000
$9,000 less needed in Odessa

Formula: salary × (93.9 ÷ 105.8) = salary × 0.8875. Based on BEA Regional Price Parities.

Housing Market

Denver, CO

Median Home Price
$559,000
Median Monthly Rent
$1,850
Housing Index
146.9
Price-to-Rent Ratio
25.2×

Odessa, TX

Median Home Price
$246,000
Median Monthly Rent
$1,550
Housing Index
89.7
Price-to-Rent Ratio
13.2×

Denver has 38.9% lower housing costs compared to Odessa.

Income & Job Market

Denver, CO

Median Household Income
$103,100
Per Capita Income
$58,800
Unemployment Rate
3.6%
Population
715,522
Top Industries
TechnologyAerospaceEnergyHealthcareTourism

Odessa, TX

Median Household Income
$66,600
Per Capita Income
$38,000
Unemployment Rate
1.9%
Population
122,555
Top Industries
EnergyOil & GasHealthcareManufacturingRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Denver, CO
4.6×income-to-rent ratio

78% of income left after rent (median)

Odessa, TX
3.6×income-to-rent ratio

72% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.