Odessa, TX vs Waxahachie, TX

There is a significant gap in the cost of living between these two cities. Odessa is 15.9% cheaper than Waxahachie. With a cost index of 90 vs 106, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Odessa to Waxahachie should plan for substantially higher expenses across most categories.

On the housing front, median rent in Odessa is $1,322/month compared to $1,495/month in Waxahachie — a 12% difference. Home values follow the same pattern: Odessa is more affordable at $208,000 median vs $307,900.

Median household income in Odessa is $73,030 compared to $82,449 in Waxahachie (-11.4%). The higher salaries in Waxahachie partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Odessa spend roughly 21.7% of their income on rent, less than the 21.8% in Waxahachie.