Housing costs in Austin?
A typical home costs
$383,000, which is 13.3% more expensive than the national average of
$338,100 and 28.7% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Austin costs
$1,320 per month, which is 3.1% more than the national average of
$1,280 and 23.5% cheaper than the state average of
$1,630.
Can I afford Austin?
To live comfortably in Austin (zip 78719), Texas, a minimum annual income of
$73,440 for a family, and
$44,800 for a single person is recommended.
What does A.I. say about Austin?
The cost of living in 78719 Austin, TX is relatively high compared to other areas in the country. The median home price in the zip code is $653,800 which is nearly three times the national median home price. Additionally, the cost of goods and services are higher than most cities across the nation because of its close proximity to major metropolitan areas like Dallas and San Antonio. According to the Cost of Living Index, Austin has a score of 112., meaning it’s 12% more expensive than average for other U.S. cities. Despite this increased cost of living, many people choose to live in Austin due to its diverse culture, vibrant economy, and high quality of life.