Skyline of Austin
Cost of Living: 119.3 978,908

Austin, TX, US

Live Music Capital with booming tech, no state income tax, and a vibrant culture.

Updated September 12, 2026

Overview

Austin is a city in TX with a population of 978,908. Live Music Capital with booming tech, no state income tax, and a vibrant culture. Housing is notably more expensive than the national average. The overall cost of living is above the national average. Gardening thrives here — the 6a growing zone supports Cool to mild — apples, pears, berries, many vegetables. A large share of residents hold a bachelor’s degree or higher. The population skews young, with a median age of 34.5.

Last updated: September 12, 2026

Cost of Living 119.3

Above Average vs US Avg (100)

Housing Index 159.2

Very Expensive

Median Income $78,000

Household income

Unemployment 3.2%

Job market health

Austin vs US Average

Cost of Living
Austin: 119.3
US Avg: 100
Housing Index
Austin: 159.2
US Avg: 100

Taxes

  • State Income Tax: None
  • Sales Tax: 8.2%

Economy & Jobs

  • Median Income: $78,000
  • Unemployment: 3.2%
  • Population: 978,908

Climate

  • Sunny Days: 228/year
  • Summer High: 96°F
  • Winter Low: 41°F
  • Farming Zone: USDA Zone 6a

Housing

  • Median Home: $450,000
  • 1BR Rent: $1650/mo

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Cost of Living

Austin's cost of living index is 119.3 (US average = 100).

CategoryAustinNational AverageDifference
Overall119.3100+19.3%
Housing159.2100+59.2%

Data source: Council for Community and Economic Research (C2ER), 2026

Housing Market

MetricValue
Median Home Price$450,000
Median Rent (1BR)$1650/mo
Median Rent (2BR)$2,063/mo
Price per Sq Ft$300

Data source: Zillow Research, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

$
%
$90,000 down
%
%
$

Utilities

Estimated monthly utility costs for a typical household in Austin:

UtilityEstimated Monthly CostNotes
Electricity$135Based on ~900 kWh/month typical US household usage
Heating & Cooling$33Estimated based on local climate. Gas or electric
Cooling (AC)$29Estimated based on local climate and electricity rates
Water$75Includes sewer
Internet (100+ Mbps)$55Broadband average
Garbage / Trash$30Private service
Total Utilities$357Monthly estimate (including heating & cooling)

Data sources: U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Remote Work Score

Austin scores —/100 for remote work readiness:

Cost of Living
— 119.3
Rent
— $1650
Sunny Days
— 228
Tax
— None
Unemployment
— 3.2%
Climate
— 96°F / 41°F
Safety
— 6.6 homicides/100k
Population
— 978,908
Internet Speed
— 200 Mbps

Climate

Austin has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January61°F41°F2.5"
April81°F56°F2.8"
July96°F71°F1.5"
October76°F59°F2.2"
USDA Zone 6a

Cool to mild — apples, pears, berries, many vegetables

Natural Hazards

Austin faces the following natural hazards:

Heat Wave Extreme Risk

Extreme summer heat.

Tornado High Risk

Tornado Alley with frequent tornadoes.

Drought High Risk

Frequent drought conditions.

Flood High Risk

Flash floods.

Hurricane High Risk

Gulf Coast frequently affected by hurricanes.

Wildfire Moderate Risk

Wildfire risk.

Sandstorm Moderate Risk

Dust storms in western regions.

Based on historical records and geographic risk assessment.

Taxes

  • State Income Tax: 0% (None)
  • Sales Tax: 8.25%
  • Property Tax: ~1.8% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 3.2%.

Crime & Safety

Crime rates in Austin per 100,000 residents:

466.9
Violent Crime
3,241.9
Property Crime
6.6
Homicide

Data source: FBI Uniform Crime Reporting

Schools & Education

63/100
School Quality Score
Better than 71% of US cities
?
261
Total Schools
6.8:1
Student:Teacher
93.0%
Free/Reduced Lunch

Data source: National Center for Education Statistics (NCES)

Universities & Higher Education

6
Universities
#35
Top University Rank
1
Top 500 Universities
Top-Ranked University University of Texas at Austin

Data source: Center for World University Rankings (CWUR) & World Universities Database

Demographics

The population of Austin is diverse. The figures below show the ethnic, educational, and religious composition of the local population.

Ethnicity

Asian
8.5%
Black or African American
7.2%
Hispanic or Latino
32.2%
Native American
0.1%
Native Hawaiian or Pacific Islander
0.0%
Other
0.4%
Two or more races
4.0%
White
47.6%

Education

Bachelor's degree or higher
58.2%
High school graduate
13.2%
Less than high school
8.4%
Some college
20.2%

Religion

Buddhist
1.0%
Christian
58.0%
Hindu
1.0%
Jewish
2.0%
Muslim
1.0%
Other
2.0%
Unaffiliated
35.0%

Data source: US Census Bureau American Community Survey (ACS) (2023)

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Austin, TX, US?

The cost of living index in Austin is 119.3, which is Higher the US national average of 100.

How much does it cost to buy a home in Austin?

The median home price in Austin is $450,000. The housing index is 159.2.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Austin is approximately $1650/mo.

Does Austin, TX have income tax?

Austin is in TX, which has no income tax.

What is the climate like in Austin?

Austin enjoys approximately 228 sunny days per year. Summer highs reach around 96°F, while winter lows can drop to around 41°F.

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Data Sources

  • Cost of Living: Council for Community and Economic Research (C2ER), 2026
  • Housing Data: Zillow Research, 2026
  • Income & Employment: US Census Bureau American Community Survey, 2024
  • Utilities U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Data last updated: September 13, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.