Cost of Living in Austin, TX (2026) (2026)
Austin is a booming tech and creative hub with no state income tax. Known for its live music scene, outdoor lifestyle, and rapidly growing economy, it attracts young professionals nationwide.
Avg 1BR Rent
$1,504
Avg 2BR Rent
$1,918
State Tax
None
Median Income
$93,658
Affordability Rating
TightAffordableTightExpensive
$1,750/mo rent on $70K in Austin
Rent Affordability by Salary in Austin
Monthly Cost Breakdown in Austin
Average 1BR Rent$1,504
Utilities$184
Groceries$373
Transportation$902
Healthcare$277
Total Monthly Essentials$3,240
Living in Austin: What to Expect
Austin is where tech meets tacos. The city pulses with live music, craft breweries, and a culture that values creativity and outdoor living along Lady Bird Lake.
Best Neighborhoods for Renters
East Austin is the creative heart with eclectic eateries, while Cedar Park and Round Rock offer more space and lower rents north of downtown.
Getting Around
Traffic on I-35 is infamous. Many tech workers commute from suburbs, and remote work has become the unofficial solution to Austin gridlock.