Cost of Living: Lexington, KY vs Odessa, TX (2026)

Lexington

Kentucky
82
VS

Odessa

Texas
83

Lexington and Odessa have a similar cost of living.

$1,101/mo ↓ 17%
Median Rent
$1,322/mo ↑ 20%
$67,631/yr ↓ 7%
Median Income
$73,030/yr ↑ 8%
$272,100 ↑ 31%
Home Value
$208,000 ↓ 24%
$1,160/mo ↓ 7%
Owner Costs
$1,251/mo ↑ 8%
321,122
Population
114,080

Tax Comparison

4.0%
Income Tax
0%
6.0%
State Sales Tax
6.25%
0.83%
Property Tax
1.6%

Affordability

19.5%
rent-to-income
Affordability
21.7%
rent-to-income

Detailed Comparison

When comparing Lexington, KY and Odessa, TX, the overall cost of living indices are 82 and 83 respectively (national median = 100). Rent is $221/month cheaper in Lexington, saving renters about $2,652/year.

Median household income is $5,399/year higher in Odessa. Home values also differ significantly — the median in Lexington is $272,100 compared to $208,000 in Odessa.

Texas has no state income tax, giving Odessa residents a significant tax advantage over Kentucky's 4.0% rate.

Frequently Asked Questions

Lexington vs Odessa — common questions

Is Lexington or Odessa cheaper to live in?
Based on our cost index, Lexington is cheaper to live in with an index of 82 compared to 83 (US average = 100).
What is the rent difference between Lexington and Odessa?
Median rent in Lexington is $1,101/month and in Odessa it's $1,322/month — a difference of $221/month.
Which city has higher income, Lexington or Odessa?
Median household income is $67,631 in Lexington and $73,030 in Odessa. Median household income is $5,399/year higher in Odessa.
How do taxes compare between Kentucky and Texas?
Kentucky has 4.0% income tax, 6.0% sales tax, and 0.83% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Lexington or Odessa?
It depends on your priorities. Lexington has a cost index of 82 with median rent of $1,101/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 Lexington details → View Odessa details →

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