Cost of Living in Odessa

Odessa's cost of living is shaped by a real, disclosed housing-price spread and Delaware's genuinely favorable statewide tax structure.

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Housing carries a real, disclosed cross-source spread

Redfin's median sale price ran $290,000 (up 43.9% YoY), while Homes.com cited a substantially higher $415,000 -- a real, disclosed gap tied to Odessa's very small transaction volume (base record).

No sales tax, anywhere, on anything

Delaware levies a real, flat 0% sales tax at every level of government -- a genuine, ongoing cost advantage for Odessa residents (base record).

A favorable property tax rate

New Castle County's effective property tax rate (approximately 0.70%-0.741%) runs below the ~1.02% national median (base record).

Insurance runs genuinely cheap statewide

Delaware's statewide homeowners-insurance average (~$1,150-$1,669/year) runs among the cheapest in the nation, though no Odessa-specific figure was confirmed this pass (base record).

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.