CostByCity

Austin, TX vs Phoenix, AZ

Cost of Living Comparison

Austin, TX is more affordable by 5.3 index points

Side-by-Side Comparison

CategoryAustin, TXPhoenix, AZDifference
Overall98.1103.3-5.3
Housing120.4121.2-0.9
Goods93.895.0-1.3
Utilities82.093.3-11.3
Other Services96.2104.0-7.8

Income & Housing Comparison

MetricAustin, TXPhoenix, AZ
Median Household Income$92,939$79,935
Median Home Value$390,500$360,600
Median Monthly Rent$1,529$1,432
Per Capita Income$49,787$40,787

Frequently Asked Questions

Is Austin, TX or Phoenix, AZ cheaper to live in?
Austin, TX is more affordable. The cost of living difference is 5.3 index points (Austin, TX: 98.1, Phoenix, AZ: 103.3).
Where is housing cheaper, Austin, TX or Phoenix, AZ?
Housing is more affordable in Austin, TX. Housing index: Austin, TX (120.4) vs Phoenix, AZ (121.2).