New York vs Austin: Cost of Living

12%

New York is about 12% more expensive than Austin overall.

How New York Compares to Austin

Category by category

Renting ▲ 2%
Buying ▲ 36%
Goods ▲ 17%
Services ▲ 18%

Key Facts

New YorkAustin
Median Rent$1,811/mo$1,770/mo
Median Home$778,600$571,000
Median Income$81,228$90,430
State Income TaxUp to 10.9%None
Sales Tax8.875%8.25%

Housing: The Biggest Difference

Austin has the lower median home price by $207,600. Monthly rent is $41/month cheaper in Austin.

Compare With Your Salary

Sources: Housing from Census ACS 2024. Goods and services from BEA Regional Price Parities 2023. Taxes from Tax Foundation. Full disclaimer.

New York vs Austin FAQ

Rent is $41/month cheaper in Austin. New York's median rent is $1,811/month, while Austin's is $1,770/month. Source: Census ACS 2024.

Austin has the lower median home price at $571,000, saving $207,600 compared to New York. Source: Census ACS 2024.