Cost of Living: Amarillo, TX vs Independence, MO (2026)

Amarillo

Texas
69
VS

Independence

Missouri
67

Amarillo and Independence have a similar cost of living.

$1,049/mo ↓ 1%
Median Rent
$1,061/mo ↑ 1%
$62,469/yr ↑ 5%
Median Income
$59,480/yr ↓ 5%
$186,800 ↑ 12%
Home Value
$166,400 ↓ 11%
$1,074/mo ↑ 3%
Owner Costs
$1,046/mo ↓ 3%
200,945
Population
121,944

Tax Comparison

0%
Income Tax
4.95%
6.25%
Sales Tax
4.225%
1.6%
Property Tax
0.93%

Affordability

20.2%
rent-to-income
Affordability
21.4%
rent-to-income

Detailed Comparison

When comparing Amarillo, TX and Independence, MO, the overall cost of living indices are 69 and 67 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $2,989/year higher in Amarillo. Home values also differ significantly — the median in Amarillo is $186,800 compared to $166,400 in Independence.

Texas has no state income tax, giving Amarillo residents a significant tax advantage over Missouri's 4.95% rate.

Frequently Asked Questions

Amarillo vs Independence — common questions

Is Amarillo or Independence cheaper to live in?
Based on our cost index, Independence is cheaper to live in with an index of 67 compared to 69 (US average = 100).
What is the rent difference between Amarillo and Independence?
Median rent in Amarillo is $1,049/month and in Independence it's $1,061/month — a difference of $12/month.
Which city has higher income, Amarillo or Independence?
Median household income is $62,469 in Amarillo and $59,480 in Independence. Median household income is $2,989/year higher in Amarillo.
How do taxes compare between Texas and Missouri?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Missouri has 4.95% income tax, 4.225% sales tax, and 0.93% property tax.
Should I move to Amarillo or Independence?
It depends on your priorities. Amarillo has a cost index of 69 with median rent of $1,049/mo, while Independence has a cost index of 67 with rent of $1,061/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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