Housing costs in Austin?
A typical home costs
$811,800, which is 140.1% more expensive than the national average of
$338,100 and 172.8% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Austin costs
$2,480 per month, which is 93.8% more than the national average of
$1,280 and 34.3% more than the state average of
$1,630.
Can I afford Austin?
To live comfortably in Austin (zip 78701), Texas, a minimum annual income of
$155,520 for a family, and
$84,800 for a single person is recommended.
What does A.I. say about Austin?
The cost of living in 78701 Austin, TX is fairly high compared to the national average. The median home value in the zip code is $359,700 with a median rent of $1,883 per month. Utilities and transportation are also higher than the national average at 13% and 14% respectively. With such a high cost of living, it can be difficult for individuals and families to make ends meet in this area. However, those who do choose to call 78701 home will find plenty of amenities available to them including parks, entertainment venues, restaurants, and other attractions that make the area attractive to live in.