Housing costs in Austin?
A typical home costs
$470,700, which is 39.2% more expensive than the national average of
$338,100 and 58.2% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Austin costs
$1,570 per month, which is 22.7% more than the national average of
$1,280 and 3.8% cheaper than the state average of
$1,630.
Can I afford Austin?
To live comfortably in Austin (zip 78721), Texas, a minimum annual income of
$90,360 for a family, and
$53,600 for a single person is recommended.
What does A.I. say about Austin?
The cost of living in 78721 Austin, TX is slightly higher than the national average. The median home value is $343,100, which is higher than the United States median home value of $229,700. A person making the U.S. median household income of $61,937 would need to earn more to cover basic costs and afford a house in this area. Groceries and health care are also slightly more expensive than the national average, with food prices listed at 4% above the national average and health care costs 6% higher. All in all, while living in 78721 Austin, TX can be expensive, it still has affordable housing options and plenty of amenities to make up for its higher cost of living.