Median rent is 13% lower in Austin ($1,655/mo vs $1,896/mo). Buying is cheaper in Hillsboro, where the median home runs $483,400 versus $512,700. Households earn more in Hillsboro ($103,207 vs $91,461 a year). Taken together, Austin is the more affordable choice with a cost index of 98.8 against 103.6 — about 5% lower overall prices. After adjusting income for local prices, a typical paycheck stretches further in Hillsboro, OR.
Quick verdict
Austin is 5% cheaper overall
Cost index: 98.8 in Austin vs 103.6 in Hillsboro (US average = 100)
City A
Austin, TX
City B
Hillsboro, OR
How much would you need to earn in Hillsboro, OR to maintain your standard of living from Austin, TX?
Equivalent salary in Hillsboro, OR
$78,663
You'd need $3,663 more (5% higher).
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
Hillsboro
Oregon
👥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
Median rent is modestly lower in Austin at $1,655/mo compared to $1,896/mo in Hillsboro (13% gap). Median home values are within 6% of each other: $512,700 in Austin and $483,400 in Hillsboro.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
Texas has no state income tax, while Oregon tops out at 9.90% — giving Austin a clear advantage for high earners. Sales tax is 6.25% in Texas and 0.00% in Oregon; Hillsboro has the lower rate (local add-ons may apply in both).
Austin
Income tax: None
Sales tax: 6.25%
Hillsboro
Income tax: 9.90%
Sales tax: None
Air quality data is available for Austin (avg AQI 47.0) but not yet for Hillsboro.
Pick Austin if you prioritize lower overall cost of living (index 98.8 vs 103.6).
Pick Hillsboro if you prioritize higher median household income ($103,207/yr).
Pick Austin if you prioritize cheaper rent ($1,655/mo median).
Pick Austin if you prioritize no state income tax.
Is Austin cheaper than Hillsboro?
Austin is cheaper overall, with a cost of living index of 98.8 versus 103.6 (US average = 100). That means prices run about 5% lower in Austin.
How much is rent in Austin vs Hillsboro?
Median rent is $1,655/mo in Austin, TX and $1,896/mo in Hillsboro, OR. Austin, TX has the lower rent by about 13%.
Which has higher salaries — Austin or Hillsboro?
Median household income is $91,461 in Austin, TX and $103,207 in Hillsboro, OR. Hillsboro, OR 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 Hillsboro?
Texas has no state income tax. Oregon has a top rate of 9.90%.
What salary do I need in Hillsboro to match my Austin income?
To maintain the same purchasing power, a salary of $100,000 in Austin, TX is equivalent to roughly $104,884 in Hillsboro, OR (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