Cost of Living: Lewisville, TX vs Odessa, TX (2026)

Lewisville

Texas
112
VS

Odessa

Texas
83

Lewisville is 35% more expensive than Odessa.

$1,572/mo ↑ 19%
Median Rent
$1,322/mo ↓ 16%
$85,002/yr ↑ 16%
Median Income
$73,030/yr ↓ 14%
$350,200 ↑ 68%
Home Value
$208,000 ↓ 41%
$1,631/mo ↑ 30%
Owner Costs
$1,251/mo ↓ 23%
128,313
Population
114,080

Tax Comparison

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

Affordability

22.2%
rent-to-income
Affordability
21.7%
rent-to-income

Detailed Comparison

When comparing Lewisville, TX and Odessa, TX, the overall cost of living indices are 112 and 83 respectively (national median = 100). Rent is $250/month cheaper in Odessa, saving renters about $3,000/year.

Median household income is $11,972/year higher in Lewisville. Home values also differ significantly — the median in Lewisville is $350,200 compared to $208,000 in Odessa.

Both cities share the same state tax structure since they are in Texas.

Frequently Asked Questions

Lewisville vs Odessa — common questions

Is Lewisville or Odessa cheaper to live in?
Based on our cost index, Odessa is cheaper to live in with an index of 83 compared to 112 (US average = 100).
What is the rent difference between Lewisville and Odessa?
Median rent in Lewisville is $1,572/month and in Odessa it's $1,322/month — a difference of $250/month.
Which city has higher income, Lewisville or Odessa?
Median household income is $85,002 in Lewisville and $73,030 in Odessa. Median household income is $11,972/year higher in Lewisville.
How do taxes compare between Texas and Texas?
Both cities are in Texas and share the same state tax rates: 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Lewisville or Odessa?
It depends on your priorities. Lewisville has a cost index of 112 with median rent of $1,572/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 Lewisville details → View Odessa details →

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