City Comparison

Amarillo vs Charlotte

Cost of Living Comparison · 2026

Amarillo

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

Charlotte

North Carolina
100
Average
$330,000
Median Home
$1,500/mo
Median Rent
$62,308
Median Income

The Verdict

26.0%

Amarillo is 26.0% less expensive than Charlotte overall. A household earning $75,000 in Amarillo would need approximately $101,351 in Charlotte to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
59
Amarillo
99
Charlotte
Groceries
92
Amarillo
101
Charlotte
Utilities
94
Amarillo
95
Charlotte
Transportation
75
Amarillo
101
Charlotte
Healthcare
104
Amarillo
105
Charlotte

Salary Equivalence

A $75,000 salary in Amarillo has the same purchasing power as $101,351 in Charlotte.

Conversely, $75,000 in Charlotte equals $55,500 in Amarillo.

Living in Amarillo vs Charlotte

Housing Costs

Amarillo's housing index of 59 is lower Charlotte's 99, translating to median home prices of $195,000 vs $330,000. The $135,000 difference in home prices means roughly $8,772 per year in additional mortgage costs at current rates. Renters face a similar gap: $975/mo in Amarillo compared to $1,500/mo in Charlotte, a monthly difference of $525.

Grocery & Food Costs

Grocery expenses index at 92 in Amarillo and 101 in Charlotte. A household spending the national average of $475/month on groceries would pay approximately $437/month in Amarillo vs $480/month in Charlotte. Amarillo offers a meaningful advantage on everyday food costs, saving roughly $516/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 94 in Amarillo and 95 in Charlotte. Monthly utility bills average approximately $376 in Amarillo vs $380 in Charlotte. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 104 in Amarillo and 105 in Charlotte. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $58,500 in Amarillo and $62,308 in Charlotte. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $79,054 and $62,308 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 $1,454/month in Charlotte. In Amarillo, median rent of $975/mo fits within this budget. In Charlotte, median rent of $1,500/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 40 index points — focus your budget analysis there.

Frequently Asked Questions

Amarillo is 26.0% more affordable overall with an index of 74 vs 100.
A $75,000 salary in Amarillo has equivalent purchasing power to approximately $101,351 in Charlotte, based on the cost of living difference.
Amarillo's housing index is 59 with median homes at $195,000, while Charlotte's is 99 with median homes at $330,000.

Moving & Relocation Resources

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