Housing costs in Austin?
A typical home costs
$1,152,000, which is 240.7% more expensive than the national average of
$338,100 and 287.1% 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 78733), Texas, a minimum annual income of
$220,680 for a family, and
$84,400 for a single person is recommended.
What does A.I. say about Austin?
The cost of living in 78733 Austin, TX is higher than the national average. According to Best Places, Austin has a cost of living index of 102.4, making it 2.4% more expensive than the national average. Rent is one of the biggest expenses for many people, and in Austin the median rent for a two-bedroom apartment is $1,480 per month. Additionally, the median home price in Austin is just over $352,000. Overall, while the cost of living in this area can be high relative to other cities, it is also offset by a low unemployment rate and numerous job opportunities.