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Lancaster, TX vs Odessa, TX

104
Lancaster
Texas
VS
+16.2%
90
Odessa
Texas

There is a significant gap in the cost of living between these two cities. Odessa is 16.2% cheaper than Lancaster. With a cost index of 90 vs 104, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Odessa to Lancaster should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lancaster is $1,627/month compared to $1,322/month in Odessa — a 23% difference. Home values follow the same pattern: Odessa is more affordable at $208,000 median vs $229,900.

Median household income in Lancaster is $67,584 compared to $73,030 in Odessa (-7.5%). 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 Lancaster spend roughly 28.9% of their income on rent, more than the 21.7% in Odessa.

Climate-wise, both cities share similar average temperatures (66.9°F vs 64.8°F). Lancaster receives more rainfall at 37.7" per year compared to 12.9" in Odessa.

Income & Cost

Cost of Living Index
Lancaster
104
Odessa
90
14% cheaper
Median Household Income
Lancaster
$67,584
Odessa
$73,030
7% higher

Housing

Median Rent
Lancaster
$1,627
Odessa
$1,322
19% cheaper
Median Home Value
Lancaster
$229,900
Odessa
$208,000
10% cheaper
Population
Lancaster
40,753
Odessa
114,080

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lancaster $3.18
Odessa $2.85
US $3.07
🥚
Eggs (grade A, large)
Lancaster $2.59
Odessa $2.32
US $2.50
🥛
Milk (whole)
Lancaster $4.17
Odessa $3.74
US $4.03
🍞
Bread (white)
Lancaster $1.92
Odessa $1.72
US $1.85
🍗
Chicken breast
Lancaster $4.29
Odessa $3.85
US $4.14
Electricity
Lancaster $0.18
Odessa $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Lancaster 66.9°F
Odessa 64.8°F
Summer High
Lancaster 96°F
Odessa 95°F
Winter Low
Lancaster 38°F
Odessa 32°F
Rainfall
Lancaster 37.7"
Odessa 12.9"
Rainy Days
Lancaster 85d
Odessa 46d