Cost of Living in Odessa, WA: What You Need to Know

With a cost of living index of 79, Odessa, WA is a very affordable place to live. Living here is 21% cheaper than the national average and 40% below the Washington state average of 119. Odessa is a small community of 745 residents.

Housing costs are the biggest factor in Odessa's cost of living. The median monthly rent is $895 (32% below the US median of $1,319), and the median home value sits at $180,100 (41% below the national median of $304,900). At current prices, the median home costs roughly 3.5x the median household income — a moderately affordable ratio by today's standards.

The median household income in Odessa is $51,083, which is 32% lower than the national median of $75,149. Residents spend roughly 21% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Odessa. The area sees an average annual temperature of 50.9°F, with summers averaging 71°F and winters around 32°F. Annual rainfall totals 7.8 inches spread over roughly 74 days.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.

Housing

Median Rent

$895/mo

Median Home Value

$180,100

Median Monthly Housing Cost

$793/mo

Climate in Odessa

NOAA 30-year normals (1991-2020)

50.9°F

Avg Temperature

7.8"

Rainfall / Year

74d

Rainy Days / Year

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
High °F	36	44	55	64	74	80	90	88	79	63	46	36
Avg °F	30	35	43	51	60	66	73	72	63	50	38	30
Low °F	24	27	32	37	45	52	57	56	47	37	29	24
Rain"	1.0	0.7	0.7	0.7	0.7	0.7	0.3	0.2	0.3	0.7	0.9	1.1

Cost of Living in Odessa, WA