Housing costs in Austin?
A typical home costs
$367,600, which is 8.7% more expensive than the national average of
$338,100 and 23.5% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Austin costs
$1,650 per month, which is 28.9% more than the national average of
$1,280 and close to the state average of
$1,630.
Can I afford Austin?
To live comfortably in Austin (zip 78724), Texas, a minimum annual income of
$70,560 for a family, and
$56,400 for a single person is recommended.
What does A.I. say about Austin?
The cost of living in Austin, TX (zip code 78724) is significantly higher than the national average. According to BestPlaces, housing costs are over 75% higher, and utilities are nearly 30% higher than the national average. Additionally, groceries and goods tend to be about 10% more expensive. Despite these high costs, the city of Austin offers a number of entertainment and cultural opportunities that can make up for the cost of living. Its vibrant music scene, outdoor recreation venues, and world-renowned restaurants all combine to create a unique atmosphere that many people consider worth the price tag associated with living in this vibrant city.