Amarillo vs Franklin
Cost of Living Comparison · 2026
Amarillo
Franklin
The Verdict
Amarillo is 46.8% less expensive than Franklin overall. A household earning $75,000 in Amarillo would need approximately $140,878 in Franklin to maintain the same standard of living.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Amarillo has the same purchasing power as $140,878 in Franklin.
Conversely, $75,000 in Franklin equals $39,928 in Amarillo.
Living in Amarillo vs Franklin
Housing Costs
Amarillo's housing index of 59 is lower Franklin's 230, translating to median home prices of $195,000 vs $750,000. The $555,000 difference in home prices means roughly $36,072 per year in additional mortgage costs at current rates. Renters face a similar gap: $975/mo in Amarillo compared to $1,850/mo in Franklin, a monthly difference of $875.
Grocery & Food Costs
Grocery expenses index at 92 in Amarillo and 100 in Franklin. A household spending the national average of $475/month on groceries would pay approximately $437/month in Amarillo vs $475/month in Franklin. Amarillo offers a meaningful advantage on everyday food costs, saving roughly $456/year.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 94 in Amarillo and 97 in Franklin. Monthly utility bills average approximately $376 in Amarillo vs $388 in Franklin. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 104 in Amarillo and 91 in Franklin. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 13-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 $118,200 in Franklin. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $79,054 and $85,036 respectively. Franklin residents come out ahead in real purchasing power.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $1,365/month to housing in Amarillo vs $2,758/month in Franklin. In Amarillo, median rent of $975/mo fits within this budget. In Franklin, median rent of $1,850/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 171 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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