Concord vs Odessa
Cost of Living Comparison · 2026
Concord
Odessa
The Verdict
Odessa is 72.9% less expensive than Concord overall. A household earning $75,000 in Concord would need approximately $43,367 in Odessa to maintain the same standard of living.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Concord has the same purchasing power as $43,367 in Odessa.
Conversely, $75,000 in Odessa equals $129,706 in Concord.
Living in Concord vs Odessa
Housing Costs
Concord's housing index of 210 is higher Odessa's 72, translating to median home prices of $680,000 vs $223,000. The $457,000 difference in home prices means roughly $29,700 per year in additional mortgage costs at current rates. Renters face a similar gap: $2,350/mo in Concord compared to $1,150/mo in Odessa, a monthly difference of $1,200.
Grocery & Food Costs
Grocery expenses index at 112 in Concord and 96 in Odessa. A household spending the national average of $475/month on groceries would pay approximately $532/month in Concord vs $456/month in Odessa. Odessa offers a meaningful advantage on everyday food costs, saving roughly $912/year.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 147 in Concord and 100 in Odessa. Monthly utility bills average approximately $588 in Concord vs $400 in Odessa. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.
Healthcare
Healthcare costs index at 121 in Concord and 96 in Odessa. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 25-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.
Income & Purchasing Power
Median household income is $109,000 in Concord and $73,500 in Odessa. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $74,150 and $86,471 respectively. Odessa residents come out ahead in real purchasing power.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $2,543/month to housing in Concord vs $1,715/month in Odessa. In Concord, median rent of $2,350/mo fits within this budget. In Odessa, median rent of $1,150/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 138 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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