Cost of Living: Amarillo, TX vs Odessa, TX (2026)

Amarillo

Texas
69
VS

Odessa

Texas
83

Amarillo is 14% cheaper than Odessa.

$1,049/mo ↓ 21%
Median Rent
$1,322/mo ↑ 26%
$62,469/yr ↓ 14%
Median Income
$73,030/yr ↑ 17%
$186,800 ↓ 10%
Home Value
$208,000 ↑ 11%
$1,074/mo ↓ 14%
Owner Costs
$1,251/mo ↑ 16%
200,945
Population
114,080

Tax Comparison

0%
Income Tax
0%
6.25%
Sales Tax
6.25%
1.6%
Property Tax
1.6%

Affordability

20.2%
rent-to-income
Affordability
21.7%
rent-to-income

Detailed Comparison

When comparing Amarillo, TX and Odessa, TX, the overall cost of living indices are 69 and 83 respectively (national median = 100). Rent is $273/month cheaper in Amarillo, saving renters about $3,276/year.

Median household income is $10,561/year higher in Odessa. Home values also differ significantly — the median in Amarillo is $186,800 compared to $208,000 in Odessa.

Both cities share the same state tax structure since they are in Texas.

Frequently Asked Questions

Amarillo vs Odessa — common questions

Is Amarillo or Odessa cheaper to live in?
Based on our cost index, Amarillo is cheaper to live in with an index of 69 compared to 83 (US average = 100).
What is the rent difference between Amarillo and Odessa?
Median rent in Amarillo is $1,049/month and in Odessa it's $1,322/month — a difference of $273/month.
Which city has higher income, Amarillo or Odessa?
Median household income is $62,469 in Amarillo and $73,030 in Odessa. Median household income is $10,561/year higher in Odessa.
How do taxes compare between Texas and Texas?
Both cities are in Texas and share the same state tax rates: 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Amarillo or Odessa?
It depends on your priorities. Amarillo has a cost index of 69 with median rent of $1,049/mo, while Odessa has a cost index of 83 with rent of $1,322/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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