Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Cost of Living in Odell

Is it better to rent or buy in Odell? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

← Back to Odell Hub

Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$84,191
$964/mo

Median in area: $964

$150,700

Median in area: $150,700

$30,140

If you Rent

🔑
$1,283 /mo
Base Rent$964
Est. Utilities$319
% of Income18.3%
Pre-tax Residual$5,733

If you Buy

🏠
$1,448 /mo
P&I (7.305%)$827
Taxes & Ins$302
Est. Utilities$319
% of Income20.6%
Pre-tax Residual$5,568

Cost of Living FAQs

Is it cheaper to rent or buy in Odell?›

Based on median housing data, renting is currently more affordable on a monthly basis in Odell. The estimated all-in monthly cost for renting is $1,283, while owning a median-priced home with a 20% down payment is roughly $1,448 per month (a difference of $165).

How much do utilities cost in Odell?›

The average monthly utility cost (electricity and natural gas) for a typical home in Odell is approximately $319. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Odell?›

To comfortably afford the median rent and utilities in Odell without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $51,320 per year.