Cost of Living: Richmond, VA vs Amarillo, TX (2026)

Richmond

Virginia
98
VS

Amarillo

Texas
69

Richmond is 42% more expensive than Amarillo.

$1,314/mo ↑ 25%
Median Rent
$1,049/mo ↓ 20%
$62,671/yr ≈ Same
Median Income
$62,469/yr ≈ Same
$328,100 ↑ 76%
Home Value
$186,800 ↓ 43%
$1,374/mo ↑ 28%
Owner Costs
$1,074/mo ↓ 22%
227,595
Population
200,945

Tax Comparison

5.75%
Income Tax
0%
5.3%
State Sales Tax
6.25%
0.8%
Property Tax
1.6%

Affordability

25.2%
rent-to-income
Affordability
20.2%
rent-to-income

Detailed Comparison

When comparing Richmond, VA and Amarillo, TX, the overall cost of living indices are 98 and 69 respectively (national median = 100). Rent is $265/month cheaper in Amarillo, saving renters about $3,180/year.

Median household income is $202/year higher in Richmond. Home values also differ significantly — the median in Richmond is $328,100 compared to $186,800 in Amarillo.

Texas has no state income tax, giving Amarillo residents a significant tax advantage over Virginia's 5.75% rate.

Frequently Asked Questions

Richmond vs Amarillo — common questions

Is Richmond or Amarillo cheaper to live in?
Based on our cost index, Amarillo is cheaper to live in with an index of 69 compared to 98 (US average = 100).
What is the rent difference between Richmond and Amarillo?
Median rent in Richmond is $1,314/month and in Amarillo it's $1,049/month — a difference of $265/month.
Which city has higher income, Richmond or Amarillo?
Median household income is $62,671 in Richmond and $62,469 in Amarillo. Median household income is $202/year higher in Richmond.
How do taxes compare between Virginia and Texas?
Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Richmond or Amarillo?
It depends on your priorities. Richmond has a cost index of 98 with median rent of $1,314/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 Richmond details → View Amarillo details →

More Comparisons

Other cost of living comparisons for Richmond and Amarillo

Richmond vs. Fremont Richmond vs. Baton Rouge Richmond vs. Santa Clarita Richmond vs. Hialeah Richmond vs. Spokane Richmond vs. San Bernardino Amarillo vs. Oxnard Amarillo vs. Tallahassee Amarillo vs. Augusta Amarillo vs. Birmingham Amarillo vs. McKinney Amarillo vs. Sunrise Manor