Island Walk, FL vs Odessa, FL

Odessa is moderately more affordable than Island Walk, with a 11.5% lower cost of living index. Island Walk scores 141 compared to 126 for Odessa, where the US average is 100. This difference means residents of Island Walk can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Island Walk is $1,846/month compared to $1,620/month in Odessa — a 14% difference. Home values follow the same pattern: Odessa is more affordable at $503,400 median vs $579,800.

Median household income in Island Walk is $78,857 compared to $116,870 in Odessa (-32.5%). Odessa offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Island Walk spend roughly 28.1% of their income on rent, more than the 16.6% in Odessa.

Climate-wise, both cities share similar average temperatures (75.5°F vs 74.5°F). Island Walk receives more rainfall at 49.6" per year compared to 49.5" in Odessa.