Housing costs in Austin?
A typical home costs
$430,400, which is 27.3% more expensive than the national average of
$338,100 and 44.6% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Austin costs
$1,390 per month, which is 8.6% more than the national average of
$1,280 and 17.3% cheaper than the state average of
$1,630.
Can I afford Austin?
To live comfortably in Austin (zip 78742), Texas, a minimum annual income of
$82,440 for a family, and
$47,200 for a single person is recommended.
What does A.I. say about Austin?
Living in 78742 Austin, TX is quite affordable. The cost of living is 2.6 percent lower than the US average, which means that it's relatively easy to save money while living here. Rent prices are also quite reasonable, especially compared to other cities in Texas. According to recent research, rent prices for a one-bedroom apartment range from $1,000 - $1,400 per month, with utilities typically running around $150 per month. Groceries are also less expensive than many other cities, allowing you to stretch your dollars even further. Overall, 78742 Austin is an ideal place for those who want to live comfortably on a budget.