Cost of Living in Austin, TX
Population 978,908 · Texas
The cost of living in Austin, TX is driven mostly by housing. A one-bedroom apartment rents for around $1,457 a month — 19% higher than the $1,223 median across the 50 large US cities we track. Studios average $1,348 and two-bedrooms $1,776.
Median household income here is $91,461, 21% higher than the $75,900 median of the cities we track. Adding typical electricity and heating to one-bedroom rent, a rough monthly baseline for one person is about $1,650 before food and transport. Texas has no state income tax and a 6.25% state sales tax.
Rent1BR $1,457
Buying a Home$512,700
Income$91,461
Household income: Census ACS, city. Metro median wage: BLS OEWS, all occupations, 2025 (metro area).
GroceriesSouth
Average prices, South (BLS, 2026-04-01). Regional where available, otherwise U.S. average.
Utilities16.4¢/kWh
Residential, state-level averages (EIA, 2026-03-01). MCF = 1,000 cubic feet.
Gas$3.96/gal
EIA weekly retail average, week of 2026-05-25.
Public Transit$1.25
Adult base one-way fare on the primary agency (2026).
State Taxes (TX)6.25% sales
State-level rates. Local sales taxes may add more. Income tax shown is the top marginal rate; most filers pay less.
Crime475.9 violent
FBI Crime Data Explorer, Austin Police Department (2024). Offenses per 100,000 residents per year. Agency reporting practices vary, so cross-city comparisons are approximate.
People & LifestyleAge 34.5 yrs
Climate67.2°F
Austin cost of living — FAQ
- Is Austin expensive to live in?
- Austin is on the pricier side of the 50 US cities we track. Its one-bedroom rent of $1,457 per month ranks #13 of 50 and is 19% higher than the $1,223 median.
- What is the average rent in Austin?
- Average rent in Austin, TX runs a studio around $1,348, a one-bedroom around $1,457, a two-bedroom around $1,776, a three-bedroom around $2,127 per month (US Census ACS).
- How much do you need to earn to live in Austin?
- To keep a one-bedroom rent of $1,457 near the recommended 30% of gross income, you'd want to earn roughly $58,000 a year. The median household income here is $91,461.
- How much does it cost to live in Austin per month?
- A rough monthly baseline for one person in Austin is about $1,650 — one-bedroom rent plus typical residential electricity and heating. It excludes food, transport, and healthcare, so a full budget is higher.
Compare Austin with nearby cities
Nearby cities
Sources: US Census Bureau, ACS 5-Year (rent, income, home value, demographics); NOAA Climate Normals 1981-2010 (climate); EIA (gas, utilities); BLS Average Price Data (groceries) & OEWS (metro wage); transit agencies (fares); FBI Crime Data Explorer (crime); Tax Foundation 2026 (state taxes). Monthly estimate = 1BR rent + utilities; not a full cost of living.