Cost of Living in Austin, TX

• Overall Cost of Living: Austin's cost of living is slightly above the national average. While some expenses like groceries and transportation are comparable to other U.S. cities, housing is notably higher.
• Utilities and Healthcare: Utilities are generally in line with national prices, and healthcare costs are also comparable to the U.S. average.

Housing Market

• Home Prices:
  • Austin's housing market is known for its high home prices, significantly above the national average.
  • As of recent reports, the median home price in Austin is approximately $450,000, which can challenge affordability even for middle-income earners.
• Renting: Rental prices are also high, making it difficult for those who are not purchasing homes to save, but still reasonable relative to salaries.

Quality of Life

• Cultural Scene and Recreation: Austin is renowned for its vibrant cultural scene, including music festivals, food, and outdoor activities. This enriches the overall quality of life.
• Climate: The city has a warm climate with long summers, which appeals to many, though it can be a drawback for those unused to heat.

Access to Healthcare

• Healthcare Facilities: Austin offers a variety of high-quality healthcare facilities and hospitals, ensuring good access to medical services.
• Insurance and Affordability: With proper health insurance, expenses remain manageable. However, uninsured individuals may face higher costs.

Quality of K-12 Schools

• Public Education: Austin Independent School District (AISD) offers several high-ranking schools, with many options for advanced placement and extracurricular activities.
• Private Schools: A number of private school options exist for those seeking alternative education routes, although these come with additional costs.

Summary

In Austin, TX, an individual earning $96,900 annually enjoys a good quality of life, though slightly tight due to the city’s higher cost of living compared to the national average. The vibrant cultural environment and quality education opportunities enhance life in the city. However, navigating the expensive housing market remains a challenge. Despite these challenges, access to quality healthcare adds to the city's livability, making Austin an attractive place for many middle-income earners.