Housing costs in Austin?
A typical home costs
$604,400, which is 78.8% more expensive than the national average of
$338,100 and 103.1% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Austin costs
$1,890 per month, which is 47.7% more than the national average of
$1,280 and 13.8% more than the state average of
$1,630.
Can I afford Austin?
To live comfortably in Austin (zip 78736), Texas, a minimum annual income of
$115,920 for a family, and
$64,400 for a single person is recommended.
What does A.I. say about Austin?
The cost of living in Austin, TX 78736 is quite high. According to BestPlaces, the cost of living index in Austin is 155.56 which is higher than the US average of 100. Renting a one-bedroom apartment will cost you around $1,370 per month while utilities like electricity and internet will cost you around $138 per month. Eating out can be expensive with a meal in an inexpensive restaurant costing around $13 while a mid-range three-course meal for two people will cost around $50. Groceries are also somewhat pricey with basic items like milk and bread being around $3-$4 each. Overall, living costs in Austin can be quite expensive compared to other parts of the country but it's worth it for its incredible amenities and lively atmosphere.