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

Lakeland

Florida
82
VS

Odessa

Texas
83

Lakeland and Odessa have a similar cost of living.

$1,299/mo ↓ 2%
Median Rent
$1,322/mo ↑ 2%
$60,947/yr ↓ 17%
Median Income
$73,030/yr ↑ 20%
$229,100 ↑ 10%
Home Value
$208,000 ↓ 9%
$1,149/mo ↓ 8%
Owner Costs
$1,251/mo ↑ 9%
117,030
Population
114,080

Tax Comparison

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

Affordability

25.6%
rent-to-income
Affordability
21.7%
rent-to-income

Detailed Comparison

When comparing Lakeland, FL and Odessa, TX, the overall cost of living indices are 82 and 83 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $12,083/year higher in Odessa. Home values also differ significantly — the median in Lakeland is $229,100 compared to $208,000 in Odessa.

Frequently Asked Questions

Lakeland vs Odessa — common questions

Is Lakeland or Odessa cheaper to live in?
Based on our cost index, Lakeland is cheaper to live in with an index of 82 compared to 83 (US average = 100).
What is the rent difference between Lakeland and Odessa?
Median rent in Lakeland is $1,299/month and in Odessa it's $1,322/month — a difference of $23/month.
Which city has higher income, Lakeland or Odessa?
Median household income is $60,947 in Lakeland and $73,030 in Odessa. Median household income is $12,083/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 Lakeland or Odessa?
It depends on your priorities. Lakeland has a cost index of 82 with median rent of $1,299/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 Lakeland details → View Odessa details →

More Comparisons

Other cost of living comparisons for Lakeland and Odessa

Lakeland vs. Clearwater Lakeland vs. The Woodlands Lakeland vs. North Charleston Lakeland vs. Evansville Lakeland vs. Cambridge Lakeland vs. Brandon Odessa vs. Elgin Odessa vs. Springfield Odessa vs. Provo Odessa vs. Beaumont Odessa vs. Waterbury Odessa vs. Gresham