Cost of Living in Odessa, FL
Population 8,170 · Florida · Data vintage 2023
(100 = US avg)
Odessa sits on the smaller end of the Florida city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.
Located 15 miles north of Tampa, Odessa falls within that metro's commuting orbit. Median home values run roughly 34% higher than Tampa's $375,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Odessa
The median home value in Odessa is $503,400 — 65% above the national median of $305,000. Median rent runs $1,620/month, 23% higher than the national median of $1,314/month. The median household income of $116,870/year is 57% higher than the US median of $74,580. The local unemployment rate is 5.1%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Odessa has a cost of living index of 148 versus the US average of 100, meaning it is 48% more expensive.
Odessa has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Odessa, FL?
Odessa has a cost index of 148 (100 = national average). It is 48% above the national average.
What is average rent in Odessa, FL?
The median gross rent in Odessa is $1,620 per month based on 2023 Census data.
What is the average home price in Odessa?
The median home value in Odessa is $503,400 according to Zillow and Census data.
What is the median income in Odessa?
The median household income in Odessa is $116,870 per year (2023 ACS 5-year estimates).
What is the sales tax in Odessa, FL?
The combined state and local sales tax rate in Odessa is 7.0%. Florida has no state income tax.
Is Odessa, FL affordable?
Odessa is above average in cost of living, with an index of 148 — about 48% higher than the national average.
Odessa at a Glance
- Population
- 8,170
- Median Income
- $116,870
- Home Value
- $503,400
- Median Rent
- $1,620/mo
- Unemployment
- 5.1%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Florida Rankings
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