Amarillo vs Richmond
Cost of Living Comparison · 2026
Amarillo
Richmond
The Verdict
Amarillo is 28.2% less expensive than Richmond overall. A household earning $75,000 in Amarillo would need approximately $104,392 in Richmond 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 $104,392 in Richmond.
Conversely, $75,000 in Richmond equals $53,883 in Amarillo.
Living in Amarillo vs Richmond
Housing Costs
Amarillo's housing index of 59 is lower Richmond's 108, translating to median home prices of $195,000 vs $300,000. The $105,000 difference in home prices means roughly $6,828 per year in additional mortgage costs at current rates. Renters face a similar gap: $975/mo in Amarillo compared to $1,400/mo in Richmond, a monthly difference of $425.
Grocery & Food Costs
Grocery expenses index at 92 in Amarillo and 100 in Richmond. A household spending the national average of $475/month on groceries would pay approximately $437/month in Amarillo vs $475/month in Richmond. 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 Richmond. Monthly utility bills average approximately $376 in Amarillo vs $388 in Richmond. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 104 in Amarillo and 100 in Richmond. 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 $50,120 in Richmond. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $79,054 and $48,660 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 $1,169/month in Richmond. In Amarillo, median rent of $975/mo fits within this budget. In Richmond, 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 49 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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