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How Far Does Your Money Go in Amarillo?

By Michelle Cemental

Amarillo is the largest city in the Texas panhandle. The cost of living in Amarillo is much lower than other cities in the United States. The average home is priced at about $122,000, which is about $60,000 less than the majority of cities in Texas. If you have family there — especially your parents or grandparents — you may wonder about the cost of certain living expenses.

No one ever wants to think about loved ones requiring specialized care or living assistance. However, it's important to do your research so you are informed and aware if the situation ever arises. Here are some numbers to let you know how far money goes in Amarillo.

Basic Expenses in Amarillo

A furnished studio rents for about $690 a month in Amarillo, Texas. A gallon of gas is about $2.10. Heating expenses, including electric and gas, run about $168 a month. The prices to live in Amarillo are lower than other places, but the average salary is on par with the rest of the country. The median salary in Amarillo is $43,100 a year. 

Home Care Costs

When someone needs medical help but can still remain at home and do most of their daily activities, in-home care may be an option. Licensed care providers will come over to change wound dressings, administer medication, set up medical equipment, monitor vitals, and more. The average hourly rate for the service is $18 in Amarillo.

A caregiver is an option for someone that just requires a little help with daily activities instead of medical care. They'll also assist with things like meals, transportation, housekeeping, and laundry. The average cost is $16-$18 for a private caregiver there. 

Assisted Living Costs

An assisted living facility is for people who can no longer live independent at home. They are ideal for those that do not have extensive medical needs. Residents receive assistance with all getting dressed, bathing, eating, etc. They typically offer various activities to encourage socializing.

The average cost of the lowest priced assisted living facilities in Amarillo is $1,450 a month. The highest price you will find for a facility within the city is $4,500 a month. Most are priced around $2,200 a month.  

Nursing Home Costs

If someone needs skilled medical care, monitoring and assistance with most daily activities, a nursing home may be needed. The level of medical care offered in a nursing home is much higher than an assisted living facility. Because care is extensive, costs are often high. You can expect to pay $125 a day for a semi-private nursing home room, or $45,625 a year. A private room runs and extra $10-20 a day. It's priced by the day because insurance companies typically only pay for a specific number of days. Once 100 days are reached, it's considered long-term care and the rules for coverage change. 

For more information on home care near you, refer to our services. Our caregivers are more than happy to help you or a loved one get the care you need.