Cost of Living: Amarillo, TX vs Lakeland, FL (2026)
Amarillo
Texas
69
VS
Lakeland
Florida
82
Amarillo is 13% cheaper than Lakeland.
$1,049/mo
↓ 19%
Median Rent
$1,299/mo
↑ 24%
$62,469/yr
↑ 2%
Median Income
$60,947/yr
↓ 2%
$186,800
↓ 18%
Home Value
$229,100
↑ 23%
$1,074/mo
↓ 7%
Owner Costs
$1,149/mo
↑ 7%
200,945
Population
117,030
Tax Comparison
0%
Income Tax
0%
6.25%
Sales Tax
6.0%
1.6%
Property Tax
0.86%
Affordability
20.2%
rent-to-income
Affordability
25.6%
rent-to-income
Detailed Comparison
When comparing Amarillo, TX and Lakeland, FL, the overall cost of living indices are
69 and 82 respectively
(national median = 100). Rent is $250/month cheaper in Amarillo, saving renters about $3,000/year.
Median household income is $1,522/year higher in Amarillo. Home values also differ significantly — the median in Amarillo is $186,800
compared to $229,100 in Lakeland.
Frequently Asked Questions
Amarillo vs Lakeland — common questions
Is Amarillo or Lakeland cheaper to live in?
Based on our cost index, Amarillo is cheaper to live in with an index of 69 compared to 82 (US average = 100).
What is the rent difference between Amarillo and Lakeland?
Median rent in Amarillo is $1,049/month and in Lakeland it's $1,299/month — a difference of $250/month.
Which city has higher income, Amarillo or Lakeland?
Median household income is $62,469 in Amarillo and $60,947 in Lakeland. Median household income is $1,522/year higher in Amarillo.
How do taxes compare between Texas and Florida?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Amarillo or Lakeland?
It depends on your priorities. Amarillo has a cost index of 69 with median rent of $1,049/mo, while Lakeland has a cost index of 82 with rent of $1,299/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.