Cost of Living in Amarillo, TX

Population 200,945 · Texas · Data vintage 2023

69
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Most of Amarillo's cost indicators track within a reasonable band of national figures, with median household incomes near $62,469 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.

Cost Overview

Housing 61
Rent 80

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Amarillo

The median home value in Amarillo is $186,800 — 39% below the national median of $305,000. Median rent runs $1,049/month, 20% lower than the national median of $1,314/month. The median household income of $62,469/year is 16% lower than the US median of $74,580. The local unemployment rate is 3.6%, below the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 72.5°F and lows of 44.9°F, with about 17.2" of annual snowfall. Overall, Amarillo has a cost of living index of 69 versus the US average of 100, meaning it is 31% less expensive.

🏠 Housing

Median Home Value
$186,800
39% below avg
Zillow Home Value
$202,834
Zillow ZHVI
Median Rent
$1,049/mo
20% below avg
Zillow Rent
$1,245/mo
Zillow ZORI
Price-to-Rent Ratio
14.8x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$766
1 BR
$811
2 BR
$981
3 BR
$1,307
4 BR
$1,509
Owner-occupied 59.5%
Renter-occupied 40.5%

💰 Estimated Monthly Budget

Rent median rent
$1,049
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,663/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
20.7 min
23% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.9%

Commute Mode

Drove alone
78.9%
Carpooled
12.1%
Public transit
0.4%
Walked
1.0%
Bicycle
0.2%
Work from home
5.9%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 8.2%
State rate 6.3%
Avg local rate 1.9%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$62,469
16% below avg
Per Capita Income
$35,133
Unemployment Rate
3.6%
25% below avg
Poverty Rate
15.8%
Labor Force Participation
65.0%

🎓 Education

Bachelor's degree+ 17.0%
Graduate degree 8.1%

👥 Demographics

Median Age 35
Male median age 33.7
Female median age 36.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
72.5°F
Avg Low
44.9°F
Annual Precip
19.7"
Annual Snowfall
17.2"
20° 40° 60° 80° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 525665728190939184736152
Low °F 252835435362666558453426
Precip" 0.710.531.271.452.272.852.822.861.691.750.750.71
Snow" 4.03.51.90.50.20.00.00.00.00.72.63.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
74.4%
Good air days/yr
112
Max AQI recorded
0
PM2.5 days
363
Ozone days

Frequently Asked Questions

What is the cost of living in Amarillo, TX?

Amarillo has a cost index of 69 (100 = national average). It is 31% below the national average.

What is average rent in Amarillo, TX?

The median gross rent in Amarillo is $1,049 per month based on 2023 Census data.

What is the average home price in Amarillo?

The median home value in Amarillo is $186,800 according to Zillow and Census data.

What is the median income in Amarillo?

The median household income in Amarillo is $62,469 per year (2023 ACS 5-year estimates).

What is the sales tax in Amarillo, TX?

The combined state and local sales tax rate in Amarillo is 8.2%. Texas has no state income tax.

Is Amarillo, TX affordable?

Yes, Amarillo is generally considered affordable, with a cost of living index of 69 — about 31% below the US national average of 100.

What is the weather like in Amarillo?

Amarillo has average high temperatures of 72.5°F and average lows of 44.9°F. Annual precipitation is 19.7". Average annual snowfall is 17.2". Data from NOAA 1991–2020 Climate Normals.

Amarillo at a Glance

Population
200,945
Median Income
$62,469
Home Value
$186,800
Median Rent
$1,049/mo
Unemployment
3.6%
Avg High Temp
72.5°F
Sales Tax
8.2%
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