City Comparison

Amarillo vs Anchorage

Cost of Living Comparison · 2026

Amarillo

Texas
74
Very Affordable
$195,000
Median Home
$975/mo
Median Rent
$58,500
Median Income

Anchorage

Alaska
127
Expensive
$340,000
Median Home
$1,400/mo
Median Rent
$72,515
Median Income

The Verdict

41.7%

Living in Amarillo costs 41.7% less than Anchorage. To match the purchasing power of a $75,000 salary in Amarillo, you would need $128,716 in Anchorage.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
59
Amarillo
142
Anchorage
Groceries
92
Amarillo
120
Anchorage
Utilities
94
Amarillo
130
Anchorage
Transportation
75
Amarillo
108
Anchorage
Healthcare
104
Amarillo
128
Anchorage

Salary Equivalence

A $75,000 salary in Amarillo has the same purchasing power as $128,716 in Anchorage.

Conversely, $75,000 in Anchorage equals $43,701 in Amarillo.

Living in Amarillo vs Anchorage

Housing Costs

Amarillo's housing index of 59 is lower Anchorage's 142, translating to median home prices of $195,000 vs $340,000. The $145,000 difference in home prices means roughly $9,420 per year in additional mortgage costs at current rates. Renters face a similar gap: $975/mo in Amarillo compared to $1,400/mo in Anchorage, a monthly difference of $425.

Grocery & Food Costs

Grocery expenses index at 92 in Amarillo and 120 in Anchorage. A household spending the national average of $475/month on groceries would pay approximately $437/month in Amarillo vs $570/month in Anchorage. Amarillo offers a meaningful advantage on everyday food costs, saving roughly $1596/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 94 in Amarillo and 130 in Anchorage. Monthly utility bills average approximately $376 in Amarillo vs $520 in Anchorage. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 104 in Amarillo and 128 in Anchorage. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 24-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $58,500 in Amarillo and $72,515 in Anchorage. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $79,054 and $57,098 respectively. Amarillo residents enjoy stronger real purchasing power despite lower nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,365/month to housing in Amarillo vs $1,692/month in Anchorage. In Amarillo, median rent of $975/mo fits within this budget. In Anchorage, median rent of $1,400/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 83 index points — focus your budget analysis there.

Frequently Asked Questions

Amarillo is 41.7% more affordable overall with an index of 74 vs 127.
A $75,000 salary in Amarillo has equivalent purchasing power to approximately $128,716 in Anchorage, based on the cost of living difference.
Amarillo's housing index is 59 with median homes at $195,000, while Anchorage's is 142 with median homes at $340,000.

Moving & Relocation Resources

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