CostIndexUSA

Odessa, TX vs Winston-Salem, NC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

TX
Odessa
93.9
overall index
$1,550/mo rent
More AffordableNC
Winston-Salem
92
overall index
$1,075/mo rent

Winston-Salem is slightly cheaper than Odessa — 2.0% lower overall cost of living.

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

Category Breakdown

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

🏠 Housing20.4%
Odessa
89.7
Winston-Salem
71.4
🛒 Groceries+3.0%
Odessa
93.8
Winston-Salem
96.6
🚗 Transportation+2.0%
Odessa
101.1
Winston-Salem
103.1
🏥 Healthcare+2.1%
Odessa
91.4
Winston-Salem
93.3
Utilities+6.6%
Odessa
82.9
Winston-Salem
88.4

Salary Equivalency Calculator

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

$
Equivalent salary in Winston-Salem, NC
$78,400
$1,600 less needed in Winston-Salem

Formula: salary × (92 ÷ 93.9) = salary × 0.9798. 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×

Winston-Salem, NC

Median Home Price
$355,000
Median Monthly Rent
$1,075
Housing Index
71.4
Price-to-Rent Ratio
27.5×

Odessa has 20.4% lower housing costs compared to Winston-Salem.

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

Winston-Salem, NC

Median Household Income
$64,400
Per Capita Income
$36,700
Unemployment Rate
4.2%
Population
247,945
Top Industries
HealthcareManufacturingFinanceEducationGovernment

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)

Winston-Salem, NC
5.0×income-to-rent ratio

80% 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.