CostIndexUSA

Amarillo, TX vs Lubbock, TX Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostTX
Amarillo
91.8
overall index
$1,225/mo rent
TX
Lubbock
91.3
overall index
$1,350/mo rent

Amarillo and Lubbock have nearly identical costs of living.

Category Breakdown

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

🏠 Housing2.6%
Amarillo
78.4
Lubbock
76.4
🛒 Groceries≈ Equal
Amarillo
93.8
Lubbock
93.8
🚗 Transportation≈ Equal
Amarillo
101.1
Lubbock
101.1
🏥 Healthcare≈ Equal
Amarillo
91.4
Lubbock
91.4
Utilities0.8%
Amarillo
83.5
Lubbock
82.8

Salary Equivalency Calculator

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

$
Equivalent salary in Lubbock, TX
$79,600
$400 less needed in Lubbock

Formula: salary × (91.3 ÷ 91.8) = salary × 0.9946. 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×

Lubbock, TX

Median Home Price
$206,000
Median Monthly Rent
$1,350
Housing Index
76.4
Price-to-Rent Ratio
12.7×

Amarillo has 2.6% lower housing costs compared to Lubbock.

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

Lubbock, TX

Median Household Income
$57,100
Per Capita Income
$32,500
Unemployment Rate
3.9%
Population
258,862
Top Industries
EducationHealthcareAgricultureManufacturingGovernment

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)

Lubbock, TX
3.5×income-to-rent ratio

72% 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.