Cost of Living: Amarillo, TX vs Peoria, AZ (2026)

Amarillo

Texas
69
VS

Peoria

Arizona
125

Amarillo is 56% cheaper than Peoria.

$1,049/mo ↓ 40%
Median Rent
$1,743/mo ↑ 66%
$62,469/yr ↓ 33%
Median Income
$93,403/yr ↑ 50%
$186,800 ↓ 56%
Home Value
$429,400 ↑ 130%
$1,074/mo ↓ 32%
Owner Costs
$1,589/mo ↑ 48%
200,945
Population
194,338

Tax Comparison

0%
Income Tax
2.5%
6.25%
Sales Tax
5.6%
1.6%
Property Tax
0.62%

Affordability

20.2%
rent-to-income
Affordability
22.4%
rent-to-income

Detailed Comparison

When comparing Amarillo, TX and Peoria, AZ, the overall cost of living indices are 69 and 125 respectively (national median = 100). Rent is $694/month cheaper in Amarillo, saving renters about $8,328/year.

Median household income is $30,934/year higher in Peoria. Home values also differ significantly — the median in Amarillo is $186,800 compared to $429,400 in Peoria.

Texas has no state income tax, giving Amarillo residents a significant tax advantage over Arizona's 2.5% rate.

Frequently Asked Questions

Amarillo vs Peoria — common questions

Is Amarillo or Peoria cheaper to live in?
Based on our cost index, Amarillo is cheaper to live in with an index of 69 compared to 125 (US average = 100).
What is the rent difference between Amarillo and Peoria?
Median rent in Amarillo is $1,049/month and in Peoria it's $1,743/month — a difference of $694/month.
Which city has higher income, Amarillo or Peoria?
Median household income is $62,469 in Amarillo and $93,403 in Peoria. Median household income is $30,934/year higher in Peoria.
How do taxes compare between Texas and Arizona?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Arizona has 2.5% income tax, 5.6% sales tax, and 0.62% property tax.
Should I move to Amarillo or Peoria?
It depends on your priorities. Amarillo has a cost index of 69 with median rent of $1,049/mo, while Peoria has a cost index of 125 with rent of $1,743/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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