CostByCity

Cost of Living in Amarillo, TX

2024 data from the Bureau of Economic Analysis

Cost Index
91.8
8.2% below avg
Housing Index
78.4
Median Income
$64,147
Median Rent
$997/mo

Cost Breakdown

Overall91.8 (-8.2%)
Housing78.4 (-21.6%)
Goods93.8 (-6.2%)
Utilities83.5 (-16.5%)
Other Services96.2 (-3.8%)

National average = 100

Income & Housing

Median Household Income
$64,147/year
Median Home Value
$180,600
Median Monthly Rent
$997/mo
Per Capita Income
$33,920/year

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Frequently Asked Questions

Is Amarillo, TX expensive to live in?
Amarillo, TX has a cost of living index of 91.8, which is 8.2% below the national average.
How much does housing cost in Amarillo, TX?
Housing costs in Amarillo, TX are indexed at 78.4 compared to the national average of 100. The median monthly rent is $997.
What is the average income in Amarillo, TX?
The median household income in Amarillo, TX is $64,147 per year.
What is the average home price in Amarillo, TX?
The median home value in Amarillo, TX is $180,600.