What Are the Everyday Living Costs in Austin, TX in 2024?
The average monthly cost of living in Austin, TX is $4,178, which is 8% lower than the U.S. average ($4,521). The average monthly cost of rent is $1,841, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $2,337 per month.
Austin, TX is ranked 234th out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered as one of the expensive cities in which to live in the U.S.
Cost of Living (for Renters / Monthly)
Rent
$1,841
Utilities
$438
Transportation
$136
Groceries
$723
Other
$1,039
Total
$4,177
What Are the Everyday Living Costs in Austin, TX in 2024?
The average monthly cost of living in Austin, TX for singles is $2,794, which is 5% lower than the U.S. average ($2,956). The average monthly cost of rent for singles is $1,194, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $1,599 per month.
Austin, TX is ranked 232nd out of the 333 most populated cities in the U.S. for having the lowest cost of living for singles. Therefore, it is considered as one of the expensive cities for singles in which to live in the U.S.
Cost of Living (for Single Renters / Monthly)
Rent
$1,194
Utilities
$256
Transportation
$72
Groceries
$360
Other
$911
Total
$2,793
What Are the Everyday Living Costs in Austin, TX in 2024?
The average monthly cost of living in Austin, TX for couples is $4,190, which is 7% lower than the U.S. average ($4,519). The average monthly cost of rent for couples is $1,847, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $2,343 per month.
Austin, TX is ranked 241st out of the 333 most populated cities in the U.S. for having the lowest cost of living for couples. Therefore, it is considered as one of the expensive cities for couples in which to live in the U.S.
Cost of Living (for Couple Renters / Monthly)
Rent
$1,847
Utilities
$430
Transportation
$145
Groceries
$720
Other
$1,048
Total
$4,190
What Are the Everyday Living Costs in Austin, TX in 2024?
The average monthly cost of living in Austin, TX for single parents is $4,062, which is 3% lower than the U.S. average ($4,172). The average monthly cost of rent for single parents is $1,847, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $2,214 per month.
Austin, TX is ranked 233rd out of the 333 most populated cities in the U.S. for having the lowest cost of living for single parents. Therefore, it is considered as one of the expensive cities for single parents in which to live in the U.S.
Cost of Living (for Single Parent Renters / Monthly)
Rent
$1,847
Utilities
$421
Transportation
$115
Groceries
$641
Other
$1,036
Total
$4,060
What Are the Everyday Living Costs in Austin, TX in 2024?
The average monthly cost of living in Austin, TX for families is $5,666, which is 11% lower than the U.S. average ($6,392). The average monthly cost of rent for families is $2,475, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $3,191 per month.
Austin, TX is ranked 229th out of the 333 most populated cities in the U.S. for having the lowest cost of living for families. Therefore, it is considered as one of the expensive cities for families in which to live in the U.S.
Cost of Living (for Family Renters / Monthly)
Rent
$2,475
Utilities
$645
Transportation
$213
Groceries
$1,170
Other
$1,162
Total
$5,665
What Salary Do You Need to Live Comfortably in Austin, TX in 2024?
Overall, on average, a gross annual salary of $65,224 is required for an average quality of life in Austin, TX.
Is the Cost of Living High in Austin, TX?
Austin, TX is ranked 234th out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered one of the expensive cities in which to live in the U.S. Austin, TX's average monthly rent is 13% lower than the U.S. average cost of rent.
Is $50,000 a Good Salary in Austin, TX in 2024?
A gross annual salary of $50,000 in Austin, TX will yield an average annual net salary of $45,882. Considering that the total average annual cost of living in Austin, TX is $50,134, a gross annual salary of $50,000 will be insufficient to cover average living costs.
How Much Should You Pay for Rent in Austin, TX?
The average monthly rent in Austin, TX in the city center is $1,705 for a 1 bedroom apartment, $2,209 for a 2 bedroom apartment and $2,805 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $1,305 for a 1 bedroom apartment, $1,606 for a 2 bedroom apartment and $1,906 for a 3 bedroom apartment.