Amarillo vs Memphis

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 $85,135 in Memphis.

Conversely, $75,000 in Memphis equals $66,071 in Amarillo.

Living in Amarillo vs Memphis

Housing Costs

Amarillo's housing index of 59 is lower Memphis's 63, translating to median home prices of $195,000 vs $155,000. The $40,000 difference in home prices means roughly $2,604 per year in additional mortgage costs at current rates. Renters face a similar gap: $975/mo in Amarillo compared to $1,000/mo in Memphis, a monthly difference of $25.

Grocery & Food Costs

Grocery expenses index at 92 in Amarillo and 93 in Memphis. A household spending the national average of $475/month on groceries would pay approximately $437/month in Amarillo vs $442/month in Memphis. 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 88 in Memphis. Monthly utility bills average approximately $376 in Amarillo vs $352 in Memphis. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 104 in Amarillo and 92 in Memphis. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 12-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 $41,228 in Memphis. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $79,054 and $49,081 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 $962/month in Memphis. In Amarillo, median rent of $975/mo fits within this budget. In Memphis, median rent of $1,000/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Transportation, where the gap is 23 index points — focus your budget analysis there.

Frequently Asked Questions

Moving & Relocation Resources

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