Amarillo, TX vs Midland, TX
There is a significant gap in the cost of living between these two cities. Amarillo is 21.3% cheaper than Midland. With a cost index of 79 vs 101, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Amarillo to Midland should plan for substantially higher expenses across most categories.
On the housing front, median rent in Amarillo is $1,049/month compared to $1,407/month in Midland — a 25% difference. Home values follow the same pattern: Amarillo is more affordable at $186,800 median vs $298,600.
Median household income in Amarillo is $62,469 compared to $91,169 in Midland (-31.5%). While Midland is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Amarillo spend roughly 20.2% of their income on rent, more than the 18.5% in Midland.
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