Waco vs Amarillo for Families (2026)
per month for your family in Amarillo
Your move simulator
Tell us about your household — we calculate your real annual savings.
Estimated annual swing
−$1,140/yr
Favoring Amarillo for this income & household (illustrative).
With an extra $95/mo in Amarillo, you could max a Roth IRA contribution faster and still grow your savings buffer.
Complete the Picture
While you’re comparing — don’t leave money on the table.
Cash-back card
Best cash-back cards for Amarillo
Stack rewards on groceries, gas, and dining — categories that grow after a move.
High-yield savings
Grow your move fund while rates are high
Even $95/mo extra earns meaningfully at 4–5% APY vs near-zero in checking.
Home + auto bundle
New state — compare rates before you sign
Moving to Amarillo resets your insurance profile. Bundling home + auto often saves 15–25%.
Your biggest money opportunities based on this comparison.
Childcare savings
Amarillo saves ~$468/yr on childcare
Put the difference in a HYSA or 529 plan — $1,200/yr compounding at 5% over 10 years = $15K+.
Make Your Move Count
You're about to make one of the biggest financial decisions of your life — here's how to set up the money side before you sign anything.
High-Yield Savings
Earn 4.5–5% on your $361/mo savings
At 4.8% APY, that's $208/yr in interest — 10× more than a standard bank account. Takes 5 minutes to open.
Mortgage
What can you afford in Amarillo?
Compare lenders before your move — pre-approval is free, takes minutes, and won't affect your credit score.
Home & Auto Insurance
New state = new rates — compare before you move
Insurance costs vary 30–40% by ZIP code. Get Amarillo quotes locked in before your move date or risk paying day-1 overprice.
Full family cost breakdown
| Metric | Waco Texas | Amarillo Texas |
|---|---|---|
| Studio rent / mo | $800 | $750Better |
| 2BR rent / mo | $1,300 | $1,250Better |
| Median home price | $210K | $200KBetter |
| Household income | $48K | $50KBetter |
| Childcare / mo | $1,079 | $1,040Better |
| State income tax | NoneBetter | None |
| Sales tax | 8.3%Better | 8.3% |
| Utilities / mo | $172 | $170Better |
| Groceries index | 92 | 91Better |
Frequently asked questions
Which city is better for raising a family — Waco or Amarillo?
Based on housing costs, income, taxes, and overall affordability, Amarillo scores better for families. 2-bedroom rent is $1,250/mo in Amarillo vs $1,300/mo. Amarillo is approximately 4% cheaper overall. That said, both cities have strong family communities — the right choice depends on your career, lifestyle, and proximity to family.
What is the average 2-bedroom rent in Waco vs Amarillo?
As of Q1 2026, median 2BR rent is $1,300/month in Waco and $1,250/month in Amarillo. Amarillo is 4% cheaper for a family-sized apartment.
Can a family afford to buy a home in Waco or Amarillo?
The price-to-income ratio in Waco is 4.4× ($210K median home, $48K median income). In Amarillo it's 4.0× ($200K home, $50K income). A ratio below 3× is generally considered affordable — Amarillo is more achievable for first-time family homebuyers.
How much does childcare cost in Waco vs Amarillo?
Estimated infant/toddler childcare runs approximately $1,079/month in Waco and $1,040/month in Amarillo, based on national averages scaled by each city's cost-of-living index. Annual childcare cost difference: ~$468/year.
Which city has lower taxes for families?
Waco (Texas) has no state income tax vs Amarillo has no state income tax. For a dual-income family earning $120K combined, that difference is roughly $0/month in take-home pay.
$100K in Waco has the same purchasing power as $96K in Amarillo
Childcare estimates based on national avg scaled by COL index · Data: Zillow, BLS, Numbeo, Tax Foundation · Q1 2026