CostIndexUSA

Amarillo, TX vs Chicago, IL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableTX
Amarillo
91.8
overall index
$1,225/mo rent
IL
Chicago
103.6
overall index
$2,100/mo rent

Amarillo is moderately cheaper than Chicago — 12.9% lower overall cost of living.

To match an $80,000 salary in Amarillo, you would need $90,300 in Chicago. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+42.9%
Amarillo
78.4
Chicago
112
🛒 Groceries+14.4%
Amarillo
93.8
Chicago
107.3
🚗 Transportation+4.4%
Amarillo
101.1
Chicago
105.5
🏥 Healthcare+4.5%
Amarillo
91.4
Chicago
95.5
Utilities≈ Equal
Amarillo
83.5
Chicago
83.6

Salary Equivalency Calculator

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

$
Equivalent salary in Chicago, IL
$90,300
$10,300 more needed in Chicago

Formula: salary × (103.6 ÷ 91.8) = salary × 1.1285. 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×

Chicago, IL

Median Home Price
$334,000
Median Monthly Rent
$2,100
Housing Index
112
Price-to-Rent Ratio
13.3×

Chicago has 42.9% 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

Chicago, IL

Median Household Income
$87,100
Per Capita Income
$49,600
Unemployment Rate
4.9%
Population
2,693,976
Top Industries
FinanceHealthcareManufacturingTechnologyRetail

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)

Chicago, IL
3.5×income-to-rent ratio

71% 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.