Housing costs in Austin?
A typical home costs
$694,200, which is 105.3% more expensive than the national average of
$338,100 and 133.3% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Austin costs
$1,530 per month, which is 19.5% more than the national average of
$1,280 and 6.5% cheaper than the state average of
$1,630.
Can I afford Austin?
To live comfortably in Austin (zip 78757), Texas, a minimum annual income of
$132,840 for a family, and
$52,400 for a single person is recommended.
What does A.I. say about Austin?
The cost of living in 78757 Austin, TX is slightly higher than the national average. The median home value in 78757 is just over $430,000, which is higher than both the Texas and US average. Property taxes in this area are also higher than the state and national averages. Groceries, transportation, utilities, healthcare and other services are all relatively expensive, though slightly lower than the US average. Renting is also quite expensive - with a one-bedroom apartment costing around $1,450 per month on average. All things considered, 78757 Austin is a great place to live but has an above-average cost of living that could be a challenge for some residents.