Cost of Living in Odessa, MO
Population 5,589 · Missouri · Data vintage 2023
(100 = US avg)
Buyers in Odessa can reasonably expect a home to cost less than three years of household income — $210,000 against $85,592 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. An unemployment rate of 0.0% points to a labor market well on the tight side of the national distribution.
Located 20 miles east of Independence, Odessa falls within that metro's commuting orbit. Median home values run roughly 26% higher than Independence's $166,000.
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 $209,600 — 31% below the national median of $305,000. Median rent runs $998/month, 24% lower than the national median of $1,314/month. The median household income of $85,592/year is 15% higher than the US median of $74,580. The local unemployment rate is 0.0%, below the national average of 4.8%. Missouri's top state income tax rate is 5.0% and the combined sales tax is 8.4%. Overall, Odessa has a cost of living index of 72 versus the US average of 100, meaning it is 28% less 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
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Odessa, MO?
Odessa has a cost index of 72 (100 = national average). It is 28% below the national average.
What is average rent in Odessa, MO?
The median gross rent in Odessa is $998 per month based on 2023 Census data.
What is the average home price in Odessa?
The median home value in Odessa is $209,600 according to Zillow and Census data.
What is the median income in Odessa?
The median household income in Odessa is $85,592 per year (2023 ACS 5-year estimates).
What is the sales tax in Odessa, MO?
The combined state and local sales tax rate in Odessa is 8.4%. The Missouri state income tax top rate is 5.0%.
Is Odessa, MO affordable?
Yes, Odessa is generally considered affordable, with a cost of living index of 72 — about 28% below the US national average of 100.
Odessa at a Glance
- Population
- 5,589
- Median Income
- $85,592
- Home Value
- $209,600
- Median Rent
- $998/mo
- Unemployment
- 0.0%
- Sales Tax
- 8.4%
Nearby Cities
Explore county-level cost of living data
Missouri Rankings
Similar Cost Cities
Cities in other states with comparable housing costs