Austin, TX cost of living
TX · BLS RPP 103.2
Overall RPP
103.2
US = 100
Housing RPP
113.8
Housing component
Goods RPP
99.4
Goods component
2-BR Rent (HUD)
$1,650/mo
FY2024 FMR
What salary do you need in Austin, TX?
Equivalent salary to maintain the same purchasing power as in a US-average city (RPP 100).
| In US-average city | You need in Austin, TX | Formula |
|---|---|---|
| $50,000 | $51,600 | $50,000 x (103.2/100) |
| $75,000 | $77,400 | $75,000 x (103.2/100) |
| $100,000 | $103,200 | $100,000 x (103.2/100) |
| $125,000 | $129,000 | $125,000 x (103.2/100) |
| $150,000 | $154,800 | $150,000 x (103.2/100) |
| $200,000 | $206,400 | $200,000 x (103.2/100) |
This tool provides estimates only. Equivalent-salary figures are derived from BLS Regional Price Parities (RPP) and HUD Fair Market Rents — they are averages, not guarantees. Actual cost of living varies by neighborhood, lifestyle, and individual circumstances. Not financial advice.
State income tax note
Texas has no state income tax. Property taxes ~2% effective rate.
Frequently asked questions
- What is the cost of living in Austin, TX?
- Austin, TX has a BLS Regional Price Parity of 103.2 (US average = 100). It is 3.2% more expensive than the national average.
- What salary do I need to live in Austin, TX?
- If you earn $100,000 in a US-average city (RPP 100), you would need approximately $103,200 in Austin, TX to maintain the same purchasing power.
- What is the average rent in Austin, TX?
- The HUD Fair Market Rent for a 2-bedroom in Austin, TX is approximately $1,650 per month as of FY2024.
Compare with other cities
Buying a home in Austin, TX? See closing costs at TallyClose.