CostIndexUSA

Amarillo, TX vs Indianapolis, IN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableTX
Amarillo
91.8
overall index
$1,225/mo rent
IN
Indianapolis
95.7
overall index
$1,500/mo rent

Amarillo is slightly cheaper than Indianapolis — 4.2% lower overall cost of living.

To match an $80,000 salary in Amarillo, you would need $83,400 in Indianapolis. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+13.4%
Amarillo
78.4
Indianapolis
88.9
🛒 Groceries≈ Equal
Amarillo
93.8
Indianapolis
94.3
🚗 Transportation+3.0%
Amarillo
101.1
Indianapolis
104.1
🏥 Healthcare+3.1%
Amarillo
91.4
Indianapolis
94.2
Utilities+3.5%
Amarillo
83.5
Indianapolis
86.4

Salary Equivalency Calculator

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

$
Equivalent salary in Indianapolis, IN
$83,400
$3,400 more needed in Indianapolis

Formula: salary × (95.7 ÷ 91.8) = salary × 1.0425. 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×

Indianapolis, IN

Median Home Price
$283,000
Median Monthly Rent
$1,500
Housing Index
88.9
Price-to-Rent Ratio
15.7×

Indianapolis has 13.4% 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

Indianapolis, IN

Median Household Income
$77,900
Per Capita Income
$44,400
Unemployment Rate
3.4%
Population
887,642
Top Industries
HealthcareManufacturingFinanceLogisticsSports

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)

Indianapolis, IN
4.3×income-to-rent ratio

77% 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.