Odessa vs Toledo
Cost of Living Comparison · 2026
Odessa
Toledo
The Verdict
Living in Toledo costs 10.4% less than Odessa. To match the purchasing power of a $75,000 salary in Odessa, you would need $67,941 in Toledo.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Odessa has the same purchasing power as $67,941 in Toledo.
Conversely, $75,000 in Toledo equals $82,792 in Odessa.
Living in Odessa vs Toledo
Housing Costs
Odessa's housing index of 72 is higher Toledo's 55, translating to median home prices of $223,000 vs $128,000. The $95,000 difference in home prices means roughly $6,180 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,150/mo in Odessa compared to $825/mo in Toledo, a monthly difference of $325.
Grocery & Food Costs
Grocery expenses index at 96 in Odessa and 98 in Toledo. A household spending the national average of $475/month on groceries would pay approximately $456/month in Odessa vs $466/month in Toledo. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 100 in Odessa and 92 in Toledo. Monthly utility bills average approximately $400 in Odessa vs $368 in Toledo. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 96 in Odessa and 84 in Toledo. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 12-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.
Income & Purchasing Power
Median household income is $73,500 in Odessa and $42,200 in Toledo. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $86,471 and $54,805 respectively. Odessa residents enjoy stronger real purchasing power despite higher nominal wages.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $1,715/month to housing in Odessa vs $985/month in Toledo. In Odessa, median rent of $1,150/mo fits within this budget. In Toledo, median rent of $825/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 17 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
As an Amazon Associate we earn from qualifying purchases