Housing costs in Amarillo?
A typical home costs
$149,800, which is 55.7% less expensive than the national average of
$338,100 and 49.7% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Amarillo costs
$930 per month, which is 27.3% cheaper than the national average of
$1,280 and 4.3% cheaper than the state average of
$970.
Can I afford Amarillo?
To live comfortably in Amarillo (zip 79106), Texas, a minimum annual income of
$28,800 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Amarillo?
The cost of living in 79106 Amarillo, TX is relatively affordable. According to Best Places, the cost of living index is 78.6 which is 22% lower than the U.S. average. This means that the overall cost of goods and services are approximately 22% cheaper when compared to other areas around the country. The median home value in 79106 is $97,400, which is substantially lower than the national average of $184,700. In addition, the median gross rent for Amarillo is only $817 per month making it an attractive option for those looking for a more affordable place to live.