US Pricing Dataset

Cost of Living in Austin, TX: 2026 Price Guide

Published 01/25/2026

Quick Verdict

💰 Salary Needed to Live Here: You need to earn at least $65,000/year to live comfortably in Austin, TX in 2026.

CategoryMonthly CostNotes
Rent (1-Bed Downtown)$2,550.00High demand near Rainey St and 6th St
Rent (1-Bed Suburbs)$1,750.00Cheaper areas like Round Rock
Groceries (Monthly)$470.00Based on USDA Moderate Plan
Utilities (Average)$225.00Includes Austin Energy rates
Internet (Fiber)$70.00Standard 500Mbps plan
TOTAL$5,065.00Estimated monthly total

1. Housing Market: Austin vs. Suburbs

Rent prices in Austin have cooled slightly in 2026.

  • The Premium Areas: Living in Downtown or Rainey Street commands a premium, with 1-bedrooms averaging $2,550.
  • The Budget Move: By moving 20 minutes out to Round Rock, you can drop your rent to $1,750. This is the most common strategy for young professionals here.

2. Utility Costs & Summer Heat

Residents often underestimate the cost of air conditioning in Austin.

  • Peak Season: In August, bills from Austin Energy can spike to $280.
  • Water/Trash: Usually adds another $50/month to your bill.

3. Transportation: Car vs. Public Transit

Austin is a car-dependent city.

  • Car Insurance: Drivers in Texas pay approximately $185 per month due to heavy traffic on I-35 and frequent hail claims.
  • Public Transit: The CapMetro system is limited. A monthly pass costs $41.25.

4. Food & Entertainment

  • Groceries: Expect to spend $470 per month shopping at chains like H-E-B and Whole Foods.
  • Dining Out: A dinner for two on South Congress typically runs $60-$80.

FAQ: Living in Austin

Q: Is Austin expensive for singles? A: Compared to Dallas, it is slightly more expensive. A single person needs roughly $3,500 post-tax.

Q: What is the main hidden cost? A: Toll roads on MoPac Express and SH 130.