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The phrase "amounts to the same" is correct and usable in written English.
It can be used to indicate that two or more things are equivalent or have the same effect or result.
Example: "In the end, whether you choose to invest in stocks or bonds amounts to the same in terms of overall risk."
Alternatives: "is equivalent to" or "is the same as".
Exact(55)
But it amounts to the same thing.
"Maybe it amounts to the same thing".
But that amounts to the same thing.
Which amounts to the same thing.
It amounts to the same thing.
In effect, it amounts to the same thing.
Similar(5)
It amounted to the same exclusion.
(Often they amount to the same thing).
They amount to the same thing, really.
But it amounted to the same thing.
For him, it very likely amounted to the same thing.
More suggestions(24)
amount to the same couple
amounts to the same offense
amounts to the same conclusion
amounts to the same point
amount to the same problem
amounts to the same thing
amount to the same option
amount to the same dance
it amounts to the same policy
estimates to the same
requirements to the same
accounts to the same
payments to the same
budget to the same
volume to the same
equivalent to the same
amounts to the average
amounts to the first
amounts to the rich
amounts to the continued
amounts to the cruel
amounts to the to-do
amounts to the wholesale
amounts to the central
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com