CostIndexUSA

Buffalo, NY vs Odessa, TX Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NY
Buffalo
95.8
overall index
$1,375/mo rent
More AffordableTX
Odessa
93.9
overall index
$1,550/mo rent

Odessa is slightly cheaper than Buffalo — 2.0% lower overall cost of living.

To match an $80,000 salary in Buffalo, you would need $78,400 in Odessa. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+10.7%
Buffalo
81
Odessa
89.7
🛒 Groceries5.9%
Buffalo
99.7
Odessa
93.8
🚗 Transportation1.5%
Buffalo
102.6
Odessa
101.1
🏥 Healthcare1.6%
Buffalo
92.9
Odessa
91.4
Utilities36.0%
Buffalo
129.5
Odessa
82.9

Salary Equivalency Calculator

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

$
Equivalent salary in Odessa, TX
$78,400
$1,600 less needed in Odessa

Formula: salary × (93.9 ÷ 95.8) = salary × 0.9802. Based on BEA Regional Price Parities.

Housing Market

Buffalo, NY

Median Home Price
$269,000
Median Monthly Rent
$1,375
Housing Index
81
Price-to-Rent Ratio
16.3×

Odessa, TX

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

Odessa has 10.7% higher housing costs compared to Buffalo.

Income & Job Market

Buffalo, NY

Median Household Income
$69,900
Per Capita Income
$39,800
Unemployment Rate
3.6%
Population
261,025
Top Industries
HealthcareEducationManufacturingFinanceGovernment

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).

Buffalo, NY
4.2×income-to-rent ratio

76% 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.