Is Austin expensive to live in?
Median income: $78,965. Median rent: $1,415. Median home price: $381,400.
Relocation guide · Texas
Austin, TX city guide. Population is 944,658. Median household income is $78,965. Median rent is $1,415.
Median Rent
$1,415/mo
Median Income
$78,965
State Tax
None
Population
944,658
Cost of living
Median income: $78,965. Median rent: $1,415. Median home price: $381,400.
Median Rent/mo
$1,415
Median Home Price
$381,400
Median Income
$78,965
Rent-to-Income
22%
Taxes
State tax rate: 0%. Local tax rate: 0%.
State Income Tax
None
Local Tax Rate
0.00%
Climate
Average high: 71.28°F. Average low: 68.16°F. Annual rainfall: 0 inches. Sunny days: 0.
Avg High Temp
71.28°F
Avg Low Temp
68.16°F
Sunny Days/yr
0
Annual Rainfall
N/A
Relocation checklist
Use this checklist to stay organized during your move.
Considering other cities?
Median income: $78,965. Median rent: $1,415. Median home price: $381,400.
The median rent in Austin is $1,415/month. Median home price is $381,400. Many newcomers rent for the first year to learn the neighborhoods before buying.
State tax rate: 0%. Local tax rate: 0%.
Austin, TX city guide. Population is 944,658. Median household income is $78,965. Median rent is $1,415.
Research neighborhoods carefully — Austin has significant variation in cost and lifestyle by area.
Data sourced from U.S. Census Bureau, Bureau of Labor Statistics, and NOAA. Updated 2026.