Side-by-side cost of living comparison for 2026
Median Income: $75,413
Population: 978,908
Median Income: $74,694
Population: 8,336,817
When comparing Austin and New York City, the overall cost of living differs by 73.1%. New York City carries a cost index of 187 compared to Austin's 108, meaning your dollar stretches 42% further in Austin.
Housing is where the most significant gap appears between these two cities. Austin has a housing index of 120 compared to New York City's 238. This 118-point difference translates to substantial monthly savings on rent or mortgage payments in Austin.
Austin is more affordable for: Housing, Food & Groceries, Transportation, Healthcare, Utilities, Entertainment, Taxes.
If you earn $60,000 in Austin, you would need $103,889 in New York City to maintain the same standard of living. For a $100,000 salary, the equivalent would be $173,148.
The median household income in Austin is $75,413 compared to $74,694 in New York City. While Austin has higher incomes, combined with lower costs, residents enjoy greater purchasing power.
Safety: Austin scores 7/10 while New York City scores 5/10 in our safety assessment.
Weather: Austin has an edge in climate with a 6/10 weather score compared to New York City's 5/10.
Job Market: Both cities have comparable job markets at 9/10.
Austin is the more affordable option overall, but cost is just one factor in deciding where to live. Consider your career opportunities, family needs, and lifestyle preferences alongside the financial comparison. New York City may justify its higher costs with a thriving job market that many residents find worthwhile.
