Irving, TX vs Odessa, TX
There is a significant gap in the cost of living between these two cities. Odessa is 17.7% cheaper than Irving. With a cost index of 90 vs 105, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Odessa to Irving should plan for substantially higher expenses across most categories.
On the housing front, median rent in Irving is $1,517/month compared to $1,322/month in Odessa — a 15% difference. Home values follow the same pattern: Odessa is more affordable at $208,000 median vs $287,300.
Median household income in Irving is $79,641 compared to $73,030 in Odessa (+9.1%). The higher salaries in Irving partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Irving spend roughly 22.9% of their income on rent, more than the 21.7% in Odessa.
Climate-wise, both cities share similar average temperatures (66.6°F vs 64.8°F). Irving receives more rainfall at 37" per year compared to 12.9" in Odessa.
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Climate
NOAA 30-year normals (1991-2020)