Oak Ridge, FL vs Odessa, FL

There is a significant gap in the cost of living between these two cities. Oak Ridge is 22.8% cheaper than Odessa. With a cost index of 97 vs 126, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Oak Ridge to Odessa should plan for substantially higher expenses across most categories.

On the housing front, median rent in Oak Ridge is $1,404/month compared to $1,620/month in Odessa — a 13% difference. Home values follow the same pattern: Oak Ridge is more affordable at $235,500 median vs $503,400.

Median household income in Oak Ridge is $53,389 compared to $116,870 in Odessa (-54.3%). 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 Oak Ridge spend roughly 31.6% of their income on rent, more than the 16.6% in Odessa. The Odessa ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, both cities share similar average temperatures (73°F vs 74.5°F). Oak Ridge receives more rainfall at 51.4" per year compared to 49.5" in Odessa.