Austin is located in Texas and has an overall cost of living that is -4% compared to the national average. Understanding the full picture of living expenses — from housing and rent to grocery bills and healthcare — is essential when considering a move to Austin.

Housing: Median rent in Austin is $1,552 / month, and the median home price is $517,035. Housing costs are -3% compared to the national average, which significantly impacts monthly budgets.

Groceries: Daily essentials like bread ($3.89), milk ($4.51), and eggs ($4.46) reflect the local grocery landscape. Overall grocery costs are -5% vs the national average.

Healthcare: Medical costs include doctor visits ($138.91), dentist visits ($111.58), and prescription drugs ($20.11). These costs should be factored into your monthly budget when planning a move.

Texas has no state income tax, which means residents of Austin keep more of their earnings. This is especially beneficial for high-income earners and retirees.

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Austin, Texas Cost of Living FAQ

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Austin, Texas has an overall cost of living that is -4% the national average. Housing costs are -3% vs the national average. Grocery prices are -5% vs average. Utilities are -1% vs average. This makes Austin a reasonably affordable city.

The median rent in Austin, Texas is $1,552 / month. Average energy bills run $217.93 / month. Phone bills average $194.42 / month. Housing is typically the largest expense for residents.

Healthcare costs in Austin: doctor's visit averages $138.91, dentist visit averages $111.58, prescription drugs average $20.11. Overall healthcare expenses in the area are influenced by the -5% grocery cost difference.

Austin is one of 521 cities tracked in Texas. With an overall cost -4% vs the national average, it is more affordable than many other cities in the state. Visit our Texas state page to compare all cities side-by-side and find the best fit for your budget.

Austin offers cost of living -4% compared to the national average. Key factors to consider: median home price of $517,035, rent of $1,552 / month, and no state income tax in Texas. Explore our detailed cost breakdown above to see if Austin fits your budget.