Lebanon, MO vs Odessa, MO

Lebanon is moderately more affordable than Odessa, with a 14.6% lower cost of living index. Lebanon scores 68 compared to 80 for Odessa, where the US average is 100. This difference means residents of Odessa can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lebanon is $814/month compared to $998/month in Odessa — a 18% difference. Home values follow the same pattern: Lebanon is more affordable at $152,200 median vs $209,600.

Median household income in Lebanon is $42,157 compared to $85,592 in Odessa (-50.7%). While Odessa is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lebanon spend roughly 23.2% of their income on rent, more than the 14% in Odessa.