Salary Needed to Live in Odessa as a Family

A family of four (2 adults, 2 children) needs approximately $114,740/year to live comfortably in Odessa, TX, including 15% savings.

Direct Answer

A family with kids needs about $114,740/year to live comfortably in Odessa, TX. The bare-minimum salary is $91,792/year, but the comfortable figure includes a 15% savings target and a monthly after-tax budget of $7,002.

The minimum scenario leaves about $5,737/mo after tax and no planned savings. The comfortable scenario uses $9,562/mo gross pay to cover expenses, taxes, and a savings buffer.

Hybrid salary estimateBLS, HUD, ACS inputsLast verified May 2026
Comfortable Salary
$114,740
with 15% savings
Bare Minimum
$91,792
$7,649/mo gross, no savings buffer
Monthly Expenses
$5,737
19% below national avg

Detailed Monthly Budget for a Family in Odessa

ExpenseOdessaNat'l AvgDiff
3BR Apartment/House Rent$1,799$2,509-28%
Groceries$447$528-15%
Utilities$296$337-12%
Transportation$501$526-5%
Car Insurance$185$223-17%
Health Insurance$459$672-32%
Childcare/After-school$1,056$1,200-12%
Internet + Phones$158$180-12%
Children Activities$220$250-12%
Dining Out$308$350-12%
School Supplies & Clothing$176$200-12%
Healthcare Co-pays$132$150-12%
Total Monthly$5,737$7,125-19%

How We Calculated the Salary

Monthly expenses:$5,737
Target savings (15%):$1,265/mo
Monthly after-tax needed:$7,002
Effective tax rate:25%

Gross annual salary needed:$114,740

What Drives the Salary Number?

Housing
$1,799

3BR Apartment/House rent is 31% of this monthly budget.

Taxes
25%

Estimated federal plus TX state tax reserve used to convert take-home needs into gross salary.

Savings target
15%

$1,265/mo is reserved for savings so the salary is not just break-even.

Local index
88/100

Odessa is below the national baseline; the model adjusts baseline spending by local rent and cost data.

Compare Salary Needed in Nearby south Cities

Oklahoma City, OK
$110,220/yr
$4,520 less than Odessa
Knoxville, TN
$113,100/yr
$1,640 less than Odessa
El Paso, TX
$103,160/yr
$11,580 less than Odessa
Little Rock, AR
$108,300/yr
$6,440 less than Odessa

Salary Planning Checklist

  1. Keep 3br apartment/house housing near $1,799/mo or adjust the salary target upward.
  2. Budget $2,050/mo for persona-specific costs such as Childcare/After-school and Internet + Phones.
  3. Use $91,792/year as the survival floor and $114,740/year as the healthier negotiation target.

Other Household Types in Odessa

Single Person
$51,785/yr
$2,805/mo expenses
Couple (No Kids)
$67,390/yr
$3,538/mo expenses
Retiree
$49,406/yr
$2,882/mo expenses

Related Pages

Living Alone in OdessaCity OverviewRent in OdessaMonthly BudgetAfford on $75K?Afford on $100K?Cost of Living

FAQ

What salary does a family with kids need in Odessa?
A family with kids needs approximately $114,740/year ($9,562/month gross) to live comfortably in Odessa with a 15% savings rate.
How much is rent for a family with kids in Odessa?
A 3br apartment/house in Odessa costs approximately $1,799/month, which is the largest single expense at 31% of the total budget.
Is Odessa affordable for a family with kids?
Yes, Odessa is 19% more affordable than the national average for a family with kids.
Back to Odessa