Cost of Living: Hollywood, FL vs Odessa, TX (2026)

Hollywood

Florida
113
VS

Odessa

Texas
83

Hollywood is 36% more expensive than Odessa.

$1,555/mo ↑ 18%
Median Rent
$1,322/mo ↓ 15%
$65,359/yr ↓ 11%
Median Income
$73,030/yr ↑ 12%
$374,200 ↑ 80%
Home Value
$208,000 ↓ 44%
$1,568/mo ↑ 25%
Owner Costs
$1,251/mo ↓ 20%
152,935
Population
114,080

Tax Comparison

0%
Income Tax
0%
6.0%
State Sales Tax
6.25%
0.86%
Property Tax
1.6%

Affordability

28.6%
rent-to-income
Affordability
21.7%
rent-to-income

Detailed Comparison

When comparing Hollywood, FL and Odessa, TX, the overall cost of living indices are 113 and 83 respectively (national median = 100). Rent is $233/month cheaper in Odessa, saving renters about $2,796/year.

Median household income is $7,671/year higher in Odessa. Home values also differ significantly — the median in Hollywood is $374,200 compared to $208,000 in Odessa.

Frequently Asked Questions

Hollywood vs Odessa — common questions

Is Hollywood or Odessa cheaper to live in?
Based on our cost index, Odessa is cheaper to live in with an index of 83 compared to 113 (US average = 100).
What is the rent difference between Hollywood and Odessa?
Median rent in Hollywood is $1,555/month and in Odessa it's $1,322/month — a difference of $233/month.
Which city has higher income, Hollywood or Odessa?
Median household income is $65,359 in Hollywood and $73,030 in Odessa. Median household income is $7,671/year higher in Odessa.
How do taxes compare between Florida and Texas?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Hollywood or Odessa?
It depends on your priorities. Hollywood has a cost index of 113 with median rent of $1,555/mo, while Odessa has a cost index of 83 with rent of $1,322/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Hollywood details → View Odessa details →

More Comparisons

Other cost of living comparisons for Hollywood and Odessa

Hollywood vs. Sunnyvale Hollywood vs. Roseville Hollywood vs. Springfield Hollywood vs. Charleston Hollywood vs. Kansas City Hollywood vs. Bellevue Odessa vs. Elgin Odessa vs. Springfield Odessa vs. Provo Odessa vs. Beaumont Odessa vs. Waterbury Odessa vs. Gresham