Housing costs in Austin?
A typical home costs
$774,300, which is 129.0% more expensive than the national average of
$338,100 and 160.2% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Austin costs
$1,670 per month, which is 30.5% more than the national average of
$1,280 and 2.4% more than the state average of
$1,630.
Can I afford Austin?
To live comfortably in Austin (zip 78756), Texas, a minimum annual income of
$148,320 for a family, and
$56,800 for a single person is recommended.
What does A.I. say about Austin?
The cost of living in 78756 Austin, TX is relatively high, largely due to the popularity of the area and its growing economy. The rental market is quite strong, with the median rent for a one-bedroom apartment hovering around $1,400 per month. Home prices in the area are also higher than average due to the influx of people relocating to Austin for work or leisure. Groceries and other necessities are slightly above the national average, but there are plenty of dining options and entertainment venues available to residents at reasonable prices. All in all, life in 78756 Austin can be pricey, but it's worth it for those who want to enjoy everything this vibrant city has to offer.