Housing costs in Austin?
A typical home costs
$433,400, which is 28.2% more expensive than the national average of
$338,100 and 45.6% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Austin costs
$1,480 per month, which is 15.6% more than the national average of
$1,280 and 10.1% cheaper than the state average of
$1,630.
Can I afford Austin?
To live comfortably in Austin (zip 78741), Texas, a minimum annual income of
$83,160 for a family, and
$50,400 for a single person is recommended.
What does A.I. say about Austin?
The cost of living in 78741 Austin, TX is quite reasonable. According to BestPlaces, the cost of living index in Austin is 78.59, which is much lower than the US average of 100. This makes it a great place to live if you're looking for affordable housing and amenities. The median home value in 78741 Austin is $255,900 and the median rent price for a one bedroom apartment is $1,037 per month. Groceries and restaurants are also relatively inexpensive compared to other areas in the US. Overall, 78741 Austin offers an affordable cost of living that can't be matched elsewhere!