Calculate using real Amarillo data. Median home price: $190,000. Property tax rate: 1.75%.
Amarillo, TX has a cost of living index of 83, where 100 represents the national average. This means living in Amarillo is 17% less expensive the national average.
The median household income in Amarillo, TX is $53,168. Combined with a cost of living index of 83, this provides a picture of purchasing power in the area.
The median home price in Amarillo, TX is $190,000 with a property tax rate of 1.75%. Monthly housing costs (mortgage + taxes + insurance) on a median-priced home would be approximately $1,388.