Last updated 2026-06-12 ยท MovePlan Editorial Team
Slightly above the national average after years of fast rent growth, but no state income tax.
Cost of living index (US avg = 100): 108
Median 2BR rent: $2,400/mo
Housing: 125 vs 100
Groceries: 100 vs 100
Utilities: 105 vs 100
Transportation: 101 vs 100
Healthcare: 97 vs 100
Austin combines a booming tech scene, live music, and no state income tax with housing that has climbed sharply. It is still cheaper than the coasts but no longer the bargain it once was.