Cost of Living: Thousand Oaks, CA vs Odessa, TX (2026)

Thousand Oaks

California
226
VS

Odessa

Texas
83

Thousand Oaks is 172% more expensive than Odessa.

$2,580/mo ↑ 95%
Median Rent
$1,322/mo ↓ 49%
$134,367/yr ↑ 84%
Median Income
$73,030/yr ↓ 46%
$951,200 ↑ 357%
Home Value
$208,000 ↓ 78%
$2,726/mo ↑ 118%
Owner Costs
$1,251/mo ↓ 54%
125,676
Population
114,080

Tax Comparison

13.3%
Income Tax
0%
7.25%
State Sales Tax
6.25%
0.71%
Property Tax
1.6%

Affordability

23.0%
rent-to-income
Affordability
21.7%
rent-to-income

Detailed Comparison

When comparing Thousand Oaks, CA and Odessa, TX, the overall cost of living indices are 226 and 83 respectively (national median = 100). Rent is $1,258/month cheaper in Odessa, saving renters about $15,096/year.

Median household income is $61,337/year higher in Thousand Oaks. Home values also differ significantly — the median in Thousand Oaks is $951,200 compared to $208,000 in Odessa.

Texas has no state income tax, giving Odessa residents a significant tax advantage over California's 13.3% rate.

Frequently Asked Questions

Thousand Oaks vs Odessa — common questions

Is Thousand Oaks or Odessa cheaper to live in?
Based on our cost index, Odessa is cheaper to live in with an index of 83 compared to 226 (US average = 100).
What is the rent difference between Thousand Oaks and Odessa?
Median rent in Thousand Oaks is $2,580/month and in Odessa it's $1,322/month — a difference of $1,258/month.
Which city has higher income, Thousand Oaks or Odessa?
Median household income is $134,367 in Thousand Oaks and $73,030 in Odessa. Median household income is $61,337/year higher in Thousand Oaks.
How do taxes compare between California and Texas?
California has 13.3% income tax, 7.25% sales tax, and 0.71% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Thousand Oaks or Odessa?
It depends on your priorities. Thousand Oaks has a cost index of 226 with median rent of $2,580/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 Thousand Oaks details → View Odessa details →

More Comparisons

Other cost of living comparisons for Thousand Oaks and Odessa

Thousand Oaks vs. Simi Valley Thousand Oaks vs. Allentown Thousand Oaks vs. Pearland Thousand Oaks vs. Palm Bay Thousand Oaks vs. Topeka Thousand Oaks vs. Meridian Odessa vs. Elgin Odessa vs. Springfield Odessa vs. Provo Odessa vs. Beaumont Odessa vs. Waterbury Odessa vs. Gresham