City Comparison

Amarillo vs Knoxville

Cost of Living Comparison · 2026

Amarillo

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

Knoxville

Tennessee
88
Below Average
$240,000
Median Home
$1,100/mo
Median Rent
$42,898
Median Income

The Verdict

15.9%

Living in Amarillo costs 15.9% less than Knoxville. To match the purchasing power of a $75,000 salary in Amarillo, you would need $89,189 in Knoxville.

Category-by-Category Breakdown

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

Housing
59
Amarillo
73
Knoxville
Groceries
92
Amarillo
94
Knoxville
Utilities
94
Amarillo
90
Knoxville
Transportation
75
Amarillo
97
Knoxville
Healthcare
104
Amarillo
93
Knoxville

Salary Equivalence

A $75,000 salary in Amarillo has the same purchasing power as $89,189 in Knoxville.

Conversely, $75,000 in Knoxville equals $63,068 in Amarillo.

Living in Amarillo vs Knoxville

Housing Costs

Amarillo's housing index of 59 is lower Knoxville's 73, translating to median home prices of $195,000 vs $240,000. The $45,000 difference in home prices means roughly $2,928 per year in additional mortgage costs at current rates. Renters face a similar gap: $975/mo in Amarillo compared to $1,100/mo in Knoxville, a monthly difference of $125.

Grocery & Food Costs

Grocery expenses index at 92 in Amarillo and 94 in Knoxville. A household spending the national average of $475/month on groceries would pay approximately $437/month in Amarillo vs $447/month in Knoxville. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 94 in Amarillo and 90 in Knoxville. Monthly utility bills average approximately $376 in Amarillo vs $360 in Knoxville. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 104 in Amarillo and 93 in Knoxville. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 11-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 $42,898 in Knoxville. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $79,054 and $48,748 respectively. Amarillo residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,365/month to housing in Amarillo vs $1,001/month in Knoxville. In Amarillo, median rent of $975/mo fits within this budget. In Knoxville, median rent of $1,100/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Transportation, where the gap is 22 index points — focus your budget analysis there.

Frequently Asked Questions

Amarillo is 15.9% more affordable overall with an index of 74 vs 88.
A $75,000 salary in Amarillo has equivalent purchasing power to approximately $89,189 in Knoxville, based on the cost of living difference.
Amarillo's housing index is 59 with median homes at $195,000, while Knoxville's is 73 with median homes at $240,000.

Moving & Relocation Resources

Moving PlannersFinance BooksBudget Planners

As an Amazon Associate we earn from qualifying purchases