CostIndexUSA

Odessa, TX vs Providence, RI Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableTX
Odessa
93.9
overall index
$1,550/mo rent
RI
Providence
101.8
overall index
$2,075/mo rent

Odessa is moderately cheaper than Providence — 8.4% lower overall cost of living.

To match an $80,000 salary in Odessa, you would need $86,700 in Providence. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+15.8%
Odessa
89.7
Providence
103.9
🛒 Groceries+3.5%
Odessa
93.8
Providence
97.1
🚗 Transportation+6.2%
Odessa
101.1
Providence
107.4
🏥 Healthcare+6.3%
Odessa
91.4
Providence
97.2
Utilities+79.5%
Odessa
82.9
Providence
148.8

Salary Equivalency Calculator

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

$
Equivalent salary in Providence, RI
$86,700
$6,700 more needed in Providence

Formula: salary × (101.8 ÷ 93.9) = salary × 1.0841. 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×

Providence, RI

Median Home Price
$501,000
Median Monthly Rent
$2,075
Housing Index
103.9
Price-to-Rent Ratio
20.1×

Providence has 15.8% 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

Providence, RI

Median Household Income
$83,300
Per Capita Income
$47,500
Unemployment Rate
4.7%
Population
190,934
Top Industries
HealthcareEducationFinanceManufacturingTourism

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)

Providence, RI
3.3×income-to-rent ratio

70% 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.