CostIndexUSA

Idaho Falls, ID vs Odessa, TX Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostID
Idaho Falls
94.4
overall index
$1,400/mo rent
TX
Odessa
93.9
overall index
$1,550/mo rent

Idaho Falls and Odessa have nearly identical costs of living.

Category Breakdown

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

🏠 Housing+6.8%
Idaho Falls
84
Odessa
89.7
🛒 Groceries2.5%
Idaho Falls
96.2
Odessa
93.8
🚗 Transportation2.7%
Idaho Falls
103.9
Odessa
101.1
🏥 Healthcare2.8%
Idaho Falls
94
Odessa
91.4
Utilities+18.9%
Idaho Falls
69.7
Odessa
82.9

Salary Equivalency Calculator

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

$
Equivalent salary in Odessa, TX
$79,600
$400 less needed in Odessa

Formula: salary × (93.9 ÷ 94.4) = salary × 0.9947. Based on BEA Regional Price Parities.

Housing Market

Idaho Falls, ID

Median Home Price
$399,000
Median Monthly Rent
$1,400
Housing Index
84
Price-to-Rent Ratio
23.8×

Odessa, TX

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

Odessa has 6.8% higher housing costs compared to Idaho Falls.

Income & Job Market

Idaho Falls, ID

Median Household Income
$75,800
Per Capita Income
$43,200
Unemployment Rate
2.1%
Population
64,818
Top Industries
EnergyHealthcareAgricultureRetailGovernment

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).

Idaho Falls, ID
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.