Housing costs in Austin?
A typical home costs
$627,600, which is 85.6% more expensive than the national average of
$338,100 and 110.9% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Austin costs
$1,780 per month, which is 39.1% more than the national average of
$1,280 and 8.4% more than the state average of
$1,630.
Can I afford Austin?
To live comfortably in Austin (zip 78717), Texas, a minimum annual income of
$120,240 for a family, and
$60,800 for a single person is recommended.
What does A.I. say about Austin?
The cost of living in 78717 Austin, TX is high compared to other areas in the United States. The overall cost of living index for this area is 106.1, which is higher than the national average of 100. Housing costs are particularly expensive, with median home prices over $365,000. Renting a one-bedroom apartment averages around $1300 per month. Groceries and health care also tend to be more expensive than the national average. Despite these expenses, Austin offers a great quality of life with its cultural amenities and low taxes, making it worth the investment for many residents.