Median rent is 27% lower in Pensacola ($1,209/mo vs $1,655/mo). Buying is cheaper in Pensacola, where the median home runs $276,500 versus $512,700. Households earn more in Austin ($91,461 vs $72,699 a year). Taken together, Pensacola is the more affordable choice with a cost index of 97.3 against 98.8 — about 2% lower overall prices. After adjusting income for local prices, a typical paycheck stretches further in Austin, TX.
Quick verdict
Pensacola is 2% cheaper overall
Cost index: 97.3 in Pensacola vs 98.8 in Austin (US average = 100)
City A
Austin, TX
City B
Pensacola, FL
How much would you need to earn in Pensacola, FL to maintain your standard of living from Austin, TX?
Equivalent salary in Pensacola, FL
$73,834
You could earn $1,166 less (2% 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
Pensacola
Florida
👥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 Pensacola — median rent of $1,209/mo versus $1,655/mo in Austin, a 27% difference. Home buyers face a steeper market in Austin: the median home is $512,700 versus $276,500 in Pensacola — 46% more expensive.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
Both Texas and Florida have no state income tax — a notable advantage for workers in both cities. Sales tax is 6.25% in Texas and 6.00% in Florida; Pensacola has the lower rate (local add-ons may apply in both).
Austin
Income tax: None
Sales tax: 6.25%
Pensacola
Income tax: None
Sales tax: 6.00%
Air quality data is available for Austin (avg AQI 47.0) but not yet for Pensacola.
Pick Austin if you prioritize higher median household income ($91,461/yr).
Pick Pensacola if you prioritize cheaper rent ($1,209/mo median).
Is Austin cheaper than Pensacola?
Pensacola is cheaper overall, with a cost of living index of 97.3 versus 98.8 (US average = 100). That means prices run about 2% lower in Pensacola.
How much is rent in Austin vs Pensacola?
Median rent is $1,655/mo in Austin, TX and $1,209/mo in Pensacola, FL. Pensacola, FL has the lower rent by about 27%.
Which has higher salaries — Austin or Pensacola?
Median household income is $91,461 in Austin, TX and $72,699 in Pensacola, FL. 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 Pensacola?
Both Texas and Florida have no state income tax.
What salary do I need in Pensacola to match my Austin income?
To maintain the same purchasing power, a salary of $100,000 in Austin, TX is equivalent to roughly $98,446 in Pensacola, FL (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