Housing costs in Austin?
A typical home costs
$429,000, which is 26.9% more expensive than the national average of
$338,100 and 44.2% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Austin costs
$1,910 per month, which is 49.2% more than the national average of
$1,280 and 14.7% more than the state average of
$1,630.
Can I afford Austin?
To live comfortably in Austin (zip 78747), Texas, a minimum annual income of
$82,080 for a family, and
$65,200 for a single person is recommended.
What does A.I. say about Austin?
78747 Austin, TX is a great place to live with a moderate cost of living. According to BestPlaces, the median price for a one-bedroom apartment in 78747 is $950 per month. The cost of food and groceries is slightly above the U.S average, but transportation costs are lower than the U.S averages. Utilities like gas and electricity tend to be more expensive in Austin compared to other cities due to the hot climate. The overall cost of living in 78747 is still lower than most major cities in the US, making it an attractive option for those looking for a place to live without breaking their budget.