Cost of Living in Odessa, FL
Housing
The housing market plays a significant role in determining the cost of living in Odessa, FL.
- Housing Index: 110.9 / 100
- Median Home Price is: $396,800
- Average Rent (2 BR Apartment): $2039 per month
- Average Rent (2 BR House): $2216 per month
Considering the data provided, moving to Odessa, FL presents unique opportunities. With a median home price of 396800—well within the national average range—it may be a golden time for prospective homebuyers. However, both the housing index and rental prices for 2BR apartments and houses are currently at 0. This might indicate limited availability or a highly competitive market. It's essential to research other aspects such as job opportunities, local amenities, and community dynamics that can affect your long-term experience in finding suitable housing in Odessa.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Odessa, FL.
- Electricity Price: $13.89 USD (median by state)
- Natural Gas Price: $26.13 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $243 per month
Living in Odessa, FL could entail higher utility costs. Electricity costs sit at $13.89, while natural gas is priced at $26.13 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $243 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Odessa is a financially viable option for your relocation.