Cost of Living: Minneapolis, MN vs Amarillo, TX (2026)

Minneapolis

Minnesota
102
VS

Amarillo

Texas
69

Minneapolis is 48% more expensive than Amarillo.

$1,329/mo ↑ 27%
Median Rent
$1,049/mo ↓ 21%
$80,269/yr ↑ 28%
Median Income
$62,469/yr ↓ 22%
$345,600 ↑ 85%
Home Value
$186,800 ↓ 46%
$1,513/mo ↑ 41%
Owner Costs
$1,074/mo ↓ 29%
426,845
Population
200,945

Tax Comparison

9.85%
Income Tax
0%
6.875%
State Sales Tax
6.25%
1.11%
Property Tax
1.6%

Affordability

19.9%
rent-to-income
Affordability
20.2%
rent-to-income

Detailed Comparison

When comparing Minneapolis, MN and Amarillo, TX, the overall cost of living indices are 102 and 69 respectively (national median = 100). Rent is $280/month cheaper in Amarillo, saving renters about $3,360/year.

Median household income is $17,800/year higher in Minneapolis. Home values also differ significantly — the median in Minneapolis is $345,600 compared to $186,800 in Amarillo.

Texas has no state income tax, giving Amarillo residents a significant tax advantage over Minnesota's 9.85% rate.

Frequently Asked Questions

Minneapolis vs Amarillo — common questions

Is Minneapolis or Amarillo cheaper to live in?
Based on our cost index, Amarillo is cheaper to live in with an index of 69 compared to 102 (US average = 100).
What is the rent difference between Minneapolis and Amarillo?
Median rent in Minneapolis is $1,329/month and in Amarillo it's $1,049/month — a difference of $280/month.
Which city has higher income, Minneapolis or Amarillo?
Median household income is $80,269 in Minneapolis and $62,469 in Amarillo. Median household income is $17,800/year higher in Minneapolis.
How do taxes compare between Minnesota and Texas?
Minnesota has 9.85% income tax, 6.875% sales tax, and 1.11% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Minneapolis or Amarillo?
It depends on your priorities. Minneapolis has a cost index of 102 with median rent of $1,329/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 Minneapolis details → View Amarillo details →

More Comparisons

Other cost of living comparisons for Minneapolis and Amarillo

Minneapolis vs. Oakland Minneapolis vs. Tulsa Minneapolis vs. Miami Minneapolis vs. Bakersfield Minneapolis vs. Virginia Beach Minneapolis vs. Wichita Amarillo vs. Oxnard Amarillo vs. Tallahassee Amarillo vs. Augusta Amarillo vs. Birmingham Amarillo vs. McKinney Amarillo vs. Sunrise Manor