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

Tight
AffordableTightExpensive

$1,750/mo rent on $70K in Austin

Rent Affordability by Salary in Austin

SalaryTake-HomeMax Rent (30%)After Expenses
$50k$3,524$1,250$538Details
$60k$4,194$1,500$958Details
$70k$4,804$1,750$1,318Details
$80k$5,390$2,000$1,654Details
$90k$5,976$2,250$1,990Details
$100k$6,563$2,500$2,327Details

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.

Frequently Asked Questions