CostIndexUSA

Odessa, TX vs Tacoma, WA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableTX
Odessa
93.9
overall index
$1,550/mo rent
WA
Tacoma
111.1
overall index
$2,175/mo rent

Odessa is significantly cheaper than Tacoma — 18.3% lower overall cost of living.

To match an $80,000 salary in Odessa, you would need $94,700 in Tacoma. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+68.7%
Odessa
89.7
Tacoma
151.3
🛒 Groceries+10.9%
Odessa
93.8
Tacoma
104
🚗 Transportation+11.0%
Odessa
101.1
Tacoma
112.2
🏥 Healthcare+11.1%
Odessa
91.4
Tacoma
101.5
Utilities+11.9%
Odessa
82.9
Tacoma
92.8

Salary Equivalency Calculator

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

$
Equivalent salary in Tacoma, WA
$94,700
$14,700 more needed in Tacoma

Formula: salary × (111.1 ÷ 93.9) = salary × 1.1832. 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×

Tacoma, WA

Median Home Price
$730,000
Median Monthly Rent
$2,175
Housing Index
151.3
Price-to-Rent Ratio
28.0×

Tacoma has 68.7% 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

Tacoma, WA

Median Household Income
$110,700
Per Capita Income
$63,100
Unemployment Rate
4.2%
Population
219,346
Top Industries
MilitaryManufacturingHealthcareLogisticsRetail

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)

Tacoma, WA
4.2×income-to-rent ratio

76% 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.