Median rent is 23% lower in Greenville ($1,274/mo vs $1,655/mo). Buying is cheaper in Greenville, where the median home runs $197,400 versus $512,700. Households earn more in Austin ($91,461 vs $63,574 a year). Taken together, Greenville is the more affordable choice with a cost index of 94.9 against 98.8 — about 4% lower overall prices. After adjusting income for local prices, a typical paycheck stretches further in Austin, TX.
Quick verdict
Greenville is 4% cheaper overall
Cost index: 94.9 in Greenville vs 98.8 in Austin (US average = 100)
City A
Austin, TX
City B
Greenville, TX
How much would you need to earn in Greenville, TX to maintain your standard of living from Austin, TX?
Equivalent salary in Greenville, TX
$72,010
You could earn $2,990 less (4% lower) and break even.
Based on BEA Regional Price Parity (cost index) for each city's metro area. A rough estimate of overall purchasing power, not tax or take-home pay.
Metric
Austin
Texas
Greenville
Texas
👥Population
💰Median Household Income
Annual
🏠Median Gross Rent
Per month
🏡Median Home Value
📊Cost of Living Index
US avg = 100
🔑1BR Fair Market Rent
HUD FMR
🔑2BR Fair Market Rent
HUD FMR
🔑3BR Fair Market Rent
HUD FMR
🌬️Air Quality Index
Lower = cleaner
🏛️Top State Income Tax
Top marginal rate
🧾State Sales Tax
Statewide base rate
🎂Median Age
Years
✓ = better value · Sources: US Census ACS, BEA RPP, HUD FMR, EPA AirNow, Tax Foundation
Renters will find significantly cheaper housing in Greenville — median rent of $1,274/mo versus $1,655/mo in Austin, a 23% difference. Home buyers face a steeper market in Austin: the median home is $512,700 versus $197,400 in Greenville — 61% more expensive.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
Both Texas and Texas have no state income tax — a notable advantage for workers in both cities. Sales tax is 6.25% in Texas and 6.25% in Texas; Greenville has the lower rate (local add-ons may apply in both).
Austin
Income tax: None
Sales tax: 6.25%
Greenville
Income tax: None
Sales tax: 6.25%
Air quality data is available for Austin (avg AQI 47.0) but not yet for Greenville.
Pick Greenville if you prioritize lower overall cost of living (index 94.9 vs 98.8).
Pick Austin if you prioritize higher median household income ($91,461/yr).
Pick Greenville if you prioritize cheaper rent ($1,274/mo median).
Is Austin cheaper than Greenville?
Greenville is cheaper overall, with a cost of living index of 94.9 versus 98.8 (US average = 100). That means prices run about 4% lower in Greenville.
How much is rent in Austin vs Greenville?
Median rent is $1,655/mo in Austin, TX and $1,274/mo in Greenville, TX. Greenville, TX has the lower rent by about 23%.
Which has higher salaries — Austin or Greenville?
Median household income is $91,461 in Austin, TX and $63,574 in Greenville, TX. Austin, TX has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Which city has better air quality?
Air quality data is not yet available for one or both cities.
Which has lower taxes — Austin or Greenville?
Both Texas and Texas have no state income tax.
What salary do I need in Greenville to match my Austin income?
To maintain the same purchasing power, a salary of $100,000 in Austin, TX is equivalent to roughly $96,014 in Greenville, TX (using the BEA Regional Price Parity ratio). Use the salary calculator above for any income amount.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology