Cost of Living: Las Vegas, NV vs Odessa, TX (2026)

Las Vegas

Nevada
111
VS

Odessa

Texas
83

Las Vegas is 34% more expensive than Odessa.

$1,456/mo ↑ 10%
Median Rent
$1,322/mo ↓ 9%
$70,723/yr ↓ 3%
Median Income
$73,030/yr ↑ 3%
$395,300 ↑ 90%
Home Value
$208,000 ↓ 47%
$1,452/mo ↑ 16%
Owner Costs
$1,251/mo ↓ 14%
650,873
Population
114,080

Tax Comparison

0%
Income Tax
0%
6.85%
State Sales Tax
6.25%
0.53%
Property Tax
1.6%

Affordability

24.7%
rent-to-income
Affordability
21.7%
rent-to-income

Detailed Comparison

When comparing Las Vegas, NV and Odessa, TX, the overall cost of living indices are 111 and 83 respectively (national median = 100). Rent is $134/month cheaper in Odessa, saving renters about $1,608/year.

Median household income is $2,307/year higher in Odessa. Home values also differ significantly — the median in Las Vegas is $395,300 compared to $208,000 in Odessa.

Frequently Asked Questions

Las Vegas vs Odessa — common questions

Is Las Vegas or Odessa cheaper to live in?
Based on our cost index, Odessa is cheaper to live in with an index of 83 compared to 111 (US average = 100).
What is the rent difference between Las Vegas and Odessa?
Median rent in Las Vegas is $1,456/month and in Odessa it's $1,322/month — a difference of $134/month.
Which city has higher income, Las Vegas or Odessa?
Median household income is $70,723 in Las Vegas and $73,030 in Odessa. Median household income is $2,307/year higher in Odessa.
How do taxes compare between Nevada and Texas?
Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Las Vegas or Odessa?
It depends on your priorities. Las Vegas has a cost index of 111 with median rent of $1,456/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 Las Vegas details → View Odessa details →

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