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2024 BEA RPP All 4 categories Federal source

Austin-Round Rock-San Marcos, TX

Cost-of-living indicators for Austin-Round Rock-San Marcos, TX, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.

CBSA: 12420 · Data year: 2024 · Rank: #113 of 387

Austin-Round Rock-San Marcos, TX has a cost of living index of 98.1, meaning it's 1.9% less expensive than the national average. Goods cost 6.2% less, services 18.0% less, and rents are 20.4% above average. A $100K national salary has the purchasing power of $101,972 here.

What the Numbers Mean for Austin

Austin ranks #113 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the upper half by cost. With an overall Regional Price Parity of 98.1, Austin-Round Rock-San Marcos, TX is 1.9% less expensive than the national baseline of 100. The gap between Austin's most and least expensive categories — rents at 120.4 versus services at 82.0 — is what drives the household budget experience on the ground, not the single headline number.

Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $101,972 inside Austin, while a household needs roughly $98,066 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 120.4 — 20.4% above the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.

Looking at the 2008-2024 trajectory, Austin's overall index has stayed within 1.5 points, holding steady versus other U.S. metros. For the 2024 data year, goods are indexed at 93.8 and services at 82.0, meaning everyday spending in Austin is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.

Austin Cost Index at a Glance

Austin all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg10098.1

Austin category breakdown

BEA RPP composition by goods, services, rents, overall

Rents120.361Services82.044Goods93.757Overall98.066

Price Index Summary

Overall

98.1

-1.9 below avg

Goods

93.8

-6.2 below avg

Services

82.0

-18.0 below avg

Rents

120.4

+20.4 above avg

Price Index vs National Average (100)

Overall
National avg

Index 98.1 (-1.9 vs national avg)

Goods
National avg

Index 93.8 (-6.2 vs national avg)

Services
National avg

Index 82.0 (-18.0 vs national avg)

Rents
National avg

Index 120.4 (+20.4 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Above National Average

Rents +20.4% (120.4)

Below National Average

Services -18.0% (82.0)
Goods -6.2% (93.8)
Overall -1.9% (98.1)

Income Adequacy in Austin

Austin income adequacy score

$75,000 median income vs RPP 98.1

0/100100/100100/100

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$98,066

in Austin-Round Rock-San Marcos, TX purchasing power

$50,000 nationally
$49,033
$75,000 nationally
$73,550
$125,000 nationally
$122,583
$150,000 nationally
$147,099
$200,000 nationally
$196,132

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has remained relatively stable, changing by only 1.5 points over this period.

Year Overall
2008 99.6
2009 98.9
2010 99.8
2011 100.3
2012 100.9
2013 100.8
2014 101.4
2015 101.6
2016 102.6
2017 101.8
2018 99.0
2019 99.4
2020 101.1
2021 100.0
2022 98.8
2023 98.3
2024 98.1

Related Data for Austin

Frequently Asked Questions

What is the cost of living in Austin-Round Rock-San Marcos, TX?
Austin-Round Rock-San Marcos, TX has a Regional Price Parity (RPP) index of 98.1, meaning it is 1.9% less expensive than the national average. Goods are indexed at 93.8, services at 82.0, and rents at 120.4. It ranks #113 out of 387 U.S. metro areas by overall cost.
What salary do I need in Austin-Round Rock-San Marcos, TX to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $98,066 in Austin-Round Rock-San Marcos, TX. Conversely, $100K earned in Austin-Round Rock-San Marcos, TX has the purchasing power of $101,972 at the national average.
How expensive is rent in Austin-Round Rock-San Marcos, TX?
Rents in Austin-Round Rock-San Marcos, TX are indexed at 120.4, which is 20.4% above the national average. This is significantly higher than typical U.S. rents.
Is Austin-Round Rock-San Marcos, TX getting more expensive?
From 2008 to 2024, Austin-Round Rock-San Marcos, TX's overall cost index changed by -1.5 points (from 99.6 to 98.1). The cost of living has remained relatively stable.
What costs the most in Austin-Round Rock-San Marcos, TX?
The most expensive category in Austin-Round Rock-San Marcos, TX is rents at 120.4, which is 20.4% above the national average. The most affordable category is services at 82.0, 18.0% below average.
What metros have a similar cost of living to Austin-Round Rock-San Marcos, TX?
Metros with the most similar overall cost index include Hilton Head Island-Bluffton-Port Royal, Carson City, Raleigh-Cary. These areas have RPP values within a few points of Austin-Round Rock-San Marcos, TX's 98.1.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

All federal data sources used on this page