Assembling your view…
Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to Odessa is roughly financially neutral — costs and incomes shift together.
Odessa has a cost index of 97 vs 98 for Garland. Odessa is 1 points cheaper overall. Monthly rent goes from $1,563 to $1,612 (+3%).
If you earn the Garland median of $74,717, you would need approximately $73,955/year in Odessa to maintain equivalent purchasing power, based on the cost index difference of 1 points (1%).
Median rent in Garland is $1,563/month. In Odessa it is $1,612/month — a difference of +$49 per month, or $588 per year.
Moving to Odessa is roughly financially neutral — costs and incomes shift together. The salary equivalent to maintain your current lifestyle is $73,955/year in Odessa. The median income there is $73,030.
Estimated monthly essentials total $3,433 in Garland vs $3,463 in Odessa — a difference of +$30/month (+$360/year).
The median home price in Odessa is $248,410 vs $283,929 in Garland. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $1,256 in Odessa vs $1,436 in Garland.