Housing costs in Austin?
A typical home costs
$1,807,800, which is 434.7% more expensive than the national average of
$338,100 and 507.5% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Austin costs
$2,090 per month, which is 63.3% more than the national average of
$1,280 and 22.0% more than the state average of
$1,630.
Can I afford Austin?
To live comfortably in Austin (zip 78746), Texas, a minimum annual income of
$346,320 for a family, and
$71,600 for a single person is recommended.
What does A.I. say about Austin?
The cost of living in Austin, TX 78746 is generally higher than the national average due to its popularity as a growing urban area. Groceries, transportation, and health care costs are all slightly above the national average. Housing costs in 78746 Austin are significantly higher than the national average due to the city's strong real estate market. The median home value in 78746 Austin is $334,400, well above the U.S. median of $229,700. Renters can expect to pay an average of $1,500 per month for a one-bedroom apartment in this ZIP code, while two-bedrooms units go for around $1,800 per month. The overall cost of living index is rated at about 118 which is 18% above US 100 national index.