CostIndexUSA

Odessa, TX vs Riverside, CA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableTX
Odessa
93.9
overall index
$1,550/mo rent
CA
Riverside
106.4
overall index
$2,475/mo rent

Odessa is moderately cheaper than Riverside — 13.3% lower overall cost of living.

To match an $80,000 salary in Odessa, you would need $90,600 in Riverside. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+44.1%
Odessa
89.7
Riverside
129.3
🛒 Groceries+8.1%
Odessa
93.8
Riverside
101.4
🚗 Transportation+5.1%
Odessa
101.1
Riverside
106.3
🏥 Healthcare+5.3%
Odessa
91.4
Riverside
96.2
Utilities+79.3%
Odessa
82.9
Riverside
148.6

Salary Equivalency Calculator

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

$
Equivalent salary in Riverside, CA
$90,600
$10,600 more needed in Riverside

Formula: salary × (106.4 ÷ 93.9) = salary × 1.1331. Based on BEA Regional Price Parities.

Housing Market

Odessa, TX

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

Riverside, CA

Median Home Price
$576,000
Median Monthly Rent
$2,475
Housing Index
129.3
Price-to-Rent Ratio
19.4×

Riverside has 44.1% higher housing costs compared to Odessa.

Income & Job Market

Odessa, TX

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

Riverside, CA

Median Household Income
$87,800
Per Capita Income
$50,000
Unemployment Rate
5.6%
Population
314,998
Top Industries
HealthcareLogisticsManufacturingEducationRetail

Affordability at a Glance

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

Odessa, TX
3.6×income-to-rent ratio

72% of income left after rent (median)

Riverside, CA
3.0×income-to-rent ratio

66% 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.