Median rent is 11% lower in Austin ($1,729/mo vs $1,933/mo). Buying is cheaper in Austin, where the median home runs $555,300 versus $921,200. Households earn more in Austin ($93,658 vs $81,939 a year). Taken together, Austin is the more affordable choice with a cost index of 98.3 against 114.7 — about 14% lower overall prices. After adjusting income for local prices, a typical paycheck stretches further in Austin, TX.
Cost of living verdict
Austin is 14% cheaper overall
Cost of Living Index: 98.3 in Austin vs 114.7 in Los Angeles (US national average = 100)
City A
Austin, TX
City B
Los Angeles, CA
How much would you need to earn in Los Angeles, CA to maintain your standard of living from Austin, TX?
Equivalent salary in Los Angeles, CA
$87,571
You'd need $12,571 more (17% higher).
Based on BEA Regional Price Parity (cost index) for each metro area. This estimates overall purchasing power; it does not account for taxes or take-home pay differences.
Metric
Austin
Texas
Los Angeles
California
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: Census ACS, BEA, HUD Fair Market Rents, EPA AirNow, Tax Foundation
Median rent is modestly lower in Austin at $1,729/mo compared to $1,933/mo in Los Angeles (11% gap). Home buyers face a steeper market in Los Angeles: the median home is $921,200 versus $555,300 in Austin — 40% more expensive.
Metric
Austin
Los Angeles
Software Developer
Registered Nurse
Elementary Teacher
Electrician
Accountant
Higher wage highlighted · BLS OEWS 2023 (metro-level data)
State tax data is not yet available for these cities.
Austin
Income tax: N/A
Sales tax: N/A
Los Angeles
Income tax: N/A
Sales tax: N/A
Los Angeles has cleaner air on average: 31.0 AQI (Good) compared to 65.0 AQI (Moderate) in the other city. Lower AQI means cleaner, healthier air.
Pick Austin if you prioritize lower overall cost of living (index 98.3 vs 114.7).
Pick Austin if you prioritize higher median household income ($93,658/yr).
Pick Austin if you prioritize cheaper rent ($1,729/mo median).
Pick Los Angeles if you prioritize cleaner air quality (avg AQI 31.0).
Austin is cheaper overall, with a cost of living index of 98.3 versus 114.7 (US average = 100). That means prices run about 14% lower in Austin.
Median rent is $1,729/mo in Austin, TX and $1,933/mo in Los Angeles, CA. Austin, TX has the lower rent by about 11%.
Median household income is $93,658 in Austin, TX and $81,939 in Los Angeles, CA. Austin, TX has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Los Angeles, CA has better air quality on average: 31.0 AQI versus 65.0 AQI. Both are EPA AirNow annual averages; lower is better.
State tax data is not yet available for one or both cities.
To maintain the same purchasing power, a salary of $100,000 in Austin, TX is equivalent to roughly $116,762 in Los Angeles, CA (using the BEA Regional Price Parity ratio). Use the salary calculator above for any income amount.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology