CostIndexUSA

Lansing, MI vs Odessa, TX Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MI
Lansing
95
overall index
$1,300/mo rent
More AffordableTX
Odessa
93.9
overall index
$1,550/mo rent

Odessa is slightly cheaper than Lansing — 1.2% lower overall cost of living.

To match an $80,000 salary in Lansing, you would need $79,100 in Odessa. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+7.4%
Lansing
83.5
Odessa
89.7
🛒 Groceries≈ Equal
Lansing
93.7
Odessa
93.8
🚗 Transportation3.3%
Lansing
104.5
Odessa
101.1
🏥 Healthcare3.4%
Lansing
94.6
Odessa
91.4
Utilities13.2%
Lansing
95.5
Odessa
82.9

Salary Equivalency Calculator

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

$
Equivalent salary in Odessa, TX
$79,100
$900 less needed in Odessa

Formula: salary × (93.9 ÷ 95) = salary × 0.9884. Based on BEA Regional Price Parities.

Housing Market

Lansing, MI

Median Home Price
$234,000
Median Monthly Rent
$1,300
Housing Index
83.5
Price-to-Rent Ratio
15.0×

Odessa, TX

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

Odessa has 7.4% higher housing costs compared to Lansing.

Income & Job Market

Lansing, MI

Median Household Income
$70,000
Per Capita Income
$39,900
Unemployment Rate
4.6%
Population
112,644
Top Industries
GovernmentAutomotiveHealthcareEducationFinance

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).

Lansing, MI
4.5×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.