Cost of Living: Indianapolis, IN vs Amarillo, TX (2026)

Indianapolis

Indiana
74
VS

Amarillo

Texas
69

Indianapolis is 7% more expensive than Amarillo.

$1,112/mo ↑ 6%
Median Rent
$1,049/mo ↓ 6%
$62,995/yr ≈ Same
Median Income
$62,469/yr ≈ Same
$207,000 ↑ 11%
Home Value
$186,800 ↓ 10%
$1,124/mo ↑ 5%
Owner Costs
$1,074/mo ↓ 4%
882,043
Population
200,945

Tax Comparison

3.05%
Income Tax
0%
7.0%
State Sales Tax
6.25%
0.83%
Property Tax
1.6%

Affordability

21.2%
rent-to-income
Affordability
20.2%
rent-to-income

Detailed Comparison

When comparing Indianapolis, IN and Amarillo, TX, the overall cost of living indices are 74 and 69 respectively (national median = 100). Rent is $63/month cheaper in Amarillo, saving renters about $756/year.

Median household income is $526/year higher in Indianapolis. Home values also differ significantly — the median in Indianapolis is $207,000 compared to $186,800 in Amarillo.

Texas has no state income tax, giving Amarillo residents a significant tax advantage over Indiana's 3.05% rate.

Frequently Asked Questions

Indianapolis vs Amarillo — common questions

Is Indianapolis or Amarillo cheaper to live in?
Based on our cost index, Amarillo is cheaper to live in with an index of 69 compared to 74 (US average = 100).
What is the rent difference between Indianapolis and Amarillo?
Median rent in Indianapolis is $1,112/month and in Amarillo it's $1,049/month — a difference of $63/month.
Which city has higher income, Indianapolis or Amarillo?
Median household income is $62,995 in Indianapolis and $62,469 in Amarillo. Median household income is $526/year higher in Indianapolis.
How do taxes compare between Indiana and Texas?
Indiana has 3.05% income tax, 7.0% sales tax, and 0.83% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Indianapolis or Amarillo?
It depends on your priorities. Indianapolis has a cost index of 74 with median rent of $1,112/mo, while Amarillo has a cost index of 69 with rent of $1,049/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Indianapolis details → View Amarillo details →

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