CostIndexUSA

Amarillo, TX vs Midland, TX Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableTX
Amarillo
91.8
overall index
$1,225/mo rent
TX
Midland
95.8
overall index
$1,575/mo rent

Amarillo is slightly cheaper than Midland — 4.4% lower overall cost of living.

To match an $80,000 salary in Amarillo, you would need $83,500 in Midland. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+29.5%
Amarillo
78.4
Midland
101.5
🛒 Groceries≈ Equal
Amarillo
93.8
Midland
93.8
🚗 Transportation≈ Equal
Amarillo
101.1
Midland
101.1
🏥 Healthcare≈ Equal
Amarillo
91.4
Midland
91.4
Utilities≈ Equal
Amarillo
83.5
Midland
83.2

Salary Equivalency Calculator

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

$
Equivalent salary in Midland, TX
$83,500
$3,500 more needed in Midland

Formula: salary × (95.8 ÷ 91.8) = salary × 1.0436. 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×

Midland, TX

Median Home Price
$320,000
Median Monthly Rent
$1,575
Housing Index
101.5
Price-to-Rent Ratio
16.9×

Midland has 29.5% 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

Midland, TX

Median Household Income
$92,900
Per Capita Income
$53,000
Unemployment Rate
2.2%
Population
132,950
Top Industries
EnergyOil & GasHealthcareManufacturingFinance

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)

Midland, TX
4.9×income-to-rent ratio

80% 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.