City Comparison

Amarillo vs Missoula

Cost of Living Comparison · 2026

Amarillo

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

Missoula

Montana
115
Above Average
$460,000
Median Home
$1,400/mo
Median Rent
$49,234
Median Income

The Verdict

35.7%

The cost gap between these cities is 35.7%, with Amarillo being the more affordable option. A $75,000 income in Amarillo has equivalent purchasing power to $116,554 in Missoula.

Category-by-Category Breakdown

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

Housing
59
Amarillo
141
Missoula
Groceries
92
Amarillo
103
Missoula
Utilities
94
Amarillo
89
Missoula
Transportation
75
Amarillo
101
Missoula
Healthcare
104
Amarillo
102
Missoula

Salary Equivalence

A $75,000 salary in Amarillo has the same purchasing power as $116,554 in Missoula.

Conversely, $75,000 in Missoula equals $48,261 in Amarillo.

Living in Amarillo vs Missoula

Housing Costs

Amarillo's housing index of 59 is lower Missoula's 141, translating to median home prices of $195,000 vs $460,000. The $265,000 difference in home prices means roughly $17,220 per year in additional mortgage costs at current rates. Renters face a similar gap: $975/mo in Amarillo compared to $1,400/mo in Missoula, a monthly difference of $425.

Grocery & Food Costs

Grocery expenses index at 92 in Amarillo and 103 in Missoula. A household spending the national average of $475/month on groceries would pay approximately $437/month in Amarillo vs $489/month in Missoula. Amarillo offers a meaningful advantage on everyday food costs, saving roughly $624/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 94 in Amarillo and 89 in Missoula. Monthly utility bills average approximately $376 in Amarillo vs $356 in Missoula. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 104 in Amarillo and 102 in Missoula. 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 $49,234 in Missoula. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $79,054 and $42,812 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 $1,149/month in Missoula. In Amarillo, median rent of $975/mo fits within this budget. In Missoula, median rent of $1,400/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 82 index points — focus your budget analysis there.

Frequently Asked Questions

Amarillo is 35.7% more affordable overall with an index of 74 vs 115.
A $75,000 salary in Amarillo has equivalent purchasing power to approximately $116,554 in Missoula, based on the cost of living difference.
Amarillo's housing index is 59 with median homes at $195,000, while Missoula's is 141 with median homes at $460,000.

Moving & Relocation Resources

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