Austin is a moderately expensive place to live, but it also has comparably high wages to offset the cost of living. The median home in Austin costs $347,000, which is far higher than the median in Texas ($185,000) or the U.S. overall ($238,000).
How much does it cost to live comfortably in Austin?
According to this method, Austin has a median household income of $55,216 but only $53,225 is required to live comfortably, according to the 50-30-20 rule. By that formula, if youre an Austin resident making more than $55,000, youll have a little over $1,000 left to spend at the end of every year.
What is a high salary in Austin?
Well+good Salary in Austin, TXAnnual SalaryMonthly PayTop Earners$94,655$7,88775th Percentile$62,618$5,218Average$55,101$4,59125th Percentile$32,522$2,710
Is it OK to drink tap water in Austin?
The tap water in Austin is treated using the NSDWRs standards. The company ensures that the water that gets into the tap is safe for human consumption.