CostIndexUSA

Amarillo, TX vs Phoenix, AZ Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableTX
Amarillo
91.8
overall index
$1,225/mo rent
AZ
Phoenix
103.3
overall index
$1,725/mo rent

Amarillo is moderately cheaper than Phoenix — 12.5% lower overall cost of living.

To match an $80,000 salary in Amarillo, you would need $90,000 in Phoenix. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+54.6%
Amarillo
78.4
Phoenix
121.2
🛒 Groceries+1.3%
Amarillo
93.8
Phoenix
95
🚗 Transportation+8.0%
Amarillo
101.1
Phoenix
109.2
🏥 Healthcare+8.1%
Amarillo
91.4
Phoenix
98.8
Utilities+11.7%
Amarillo
83.5
Phoenix
93.3

Salary Equivalency Calculator

Enter your current salary in Amarillo to see what you'd need to earn in Phoenix to maintain the same purchasing power.

$
Equivalent salary in Phoenix, AZ
$90,000
$10,000 more needed in Phoenix

Formula: salary × (103.3 ÷ 91.8) = salary × 1.1253. Based on BEA Regional Price Parities.

Housing Market

Amarillo, TX

Median Home Price
$211,000
Median Monthly Rent
$1,225
Housing Index
78.4
Price-to-Rent Ratio
14.4×

Phoenix, AZ

Median Home Price
$442,000
Median Monthly Rent
$1,725
Housing Index
121.2
Price-to-Rent Ratio
21.4×

Phoenix has 54.6% higher housing costs compared to Amarillo.

Income & Job Market

Amarillo, TX

Median Household Income
$64,000
Per Capita Income
$36,500
Unemployment Rate
2.9%
Population
200,393
Top Industries
AgricultureEnergyHealthcareManufacturingRetail

Phoenix, AZ

Median Household Income
$85,700
Per Capita Income
$48,800
Unemployment Rate
3.8%
Population
1,608,139
Top Industries
TechnologyHealthcareReal EstateTourismFinance

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Amarillo, TX
4.4×income-to-rent ratio

77% of income left after rent (median)

Phoenix, AZ
4.1×income-to-rent ratio

76% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.