The cost of living in Austin, Texas, is 10% higher than the state average and 1% higher than the national average. Property experts say Austin has the highest cost of living in all of Texas. In addition, competition between rideshare companies and the local rideshare app Ride Austin has also made rideshare rates low. As in all cities, there are common benefits and options to consider when choosing a place to live in Austin.
The city also has a low unemployment rate of 3.2%, which outperforms Texas overall (5.2%) and the United States overall (4.2%), suggesting that Austin is a good place to find work, especially if you work in a high-tech industry. Austin has authorized leasing agents who know the city's landscape and can help you find a place that fits your needs within your price range. In particular, food is cheaper in Austin than in all but 5 other cities, said Rob Warnock, senior research associate at Apartment List. With an area of 271 square miles, the city of Austin is sprawling and has many different neighborhoods to choose from.
More than half of the people who live and work in the Austin area live outside the city, and many people travel to Austin for work. Austin is in the midst of a population boom, with more than 150 people moving to the city every day. It is the ninth fastest-growing metropolitan area in the nation. The average price of gas is cheaper in Austin than in the entire United States and slightly cheaper than the average price in Texas.
South Austin, especially ZIP code 78704, is the center of Weird Austin and is full of unusual people and places to go (although the area isn't as popular as it once was). People who live close to the city center in downtown East Austin or near the UT-Austin campus can get by without a car, as there are more options for walking, biking, and taking public transportation than in other areas. Austin is regularly praised as one of the best places to live in the United States, thanks to its warm climate, thriving economy, and vibrant cultural scene. AUSTIN, Texas The overall cost of living in Austin is above the national average, according to data collected and analyzed by Apartment List.
But if you're considering moving to Austin, you'll have a lot of different options for places to live, from family-friendly suburbs to densely populated urban areas. Take some time to consider where you'll work (or are likely to work) before choosing where you'd like to live.
