Housing costs in Austin?
A typical home costs
$743,200, which is 119.8% more expensive than the national average of
$338,100 and 149.7% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Austin costs
$1,610 per month, which is 25.8% 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 78726), Texas, a minimum annual income of
$142,560 for a family, and
$54,800 for a single person is recommended.
What does A.I. say about Austin?
The cost of living in the 78726 area of Austin, TX is slightly above the national average. The median home cost is around $372,000 and the median rent is close to $1,400 per month. The overall cost of living is about 4.5% higher than the national average. Goods and services tend to be a bit more expensive due to the city’s popularity with tourists and high demand for housing. Property taxes are also higher than some other parts of Texas, though they are still below the national average. Despite these costs, 78726 Austin remains one of the best places to live in Texas due to its vibrant culture, excellent job opportunities and beautiful scenery.