Quality of Life in Austin, TX for a Salary of $134,045

Cost of Living Overview

• Cost of Living Index: Austin's cost of living is approximately 119.3, higher than the national average of 100.
• Expenses: Higher costs for housing and entertainment drive the overall living expenses, while groceries and healthcare remain closer to national levels.
• Utilities and Transportation: Slightly above average, contributing to the higher cost compared to the broader US.

Housing Market

• Median Home Price: Around $500,000, significantly higher than the national median of roughly $389,000 (as of late 2023).
• Rental Costs: Average rent for a one-bedroom apartment is about $1,500 per month, which is relatively high but varies based on proximity to downtown.
• Housing Affordability: With a salary of $134,045, affording a home is feasible but may require strategic budgeting or consideration of suburbs outside city limits.

Quality of Life

• Cultural Appeal: Austin is known for its vibrant music scene, technology industry, and outdoor activities, which enhance the overall quality of life.
• Climate: Mild winters and hot summers offer good conditions for outdoor enthusiasts.
• Entertainment and Dining: A wide range of options catering to diverse interests and tastes.

Access to Healthcare

• Healthcare Index: Close to national averages; numerous hospitals and specialty care centers serve the region.
• Availability: High-quality medical facilities available, though navigating health services can be competitive due to population growth.

Quality of K-12 Schools

• Public School Ratings: Austin boasts several high-ranking public schools, but quality can vary significantly by neighborhood.
• Educational Opportunities: Numerous private and charter school options enhance educational prospects.

Assessment of Life in Austin with a $134,045 Salary

Living in Austin, TX, with an annual salary of $134,045 provides a comfortable quality of life relative to national standards, but it requires mindful planning due to higher-than-average housing and living costs. The vibrant cultural scene, robust job market in technology, and confirmed educational facilities bolster its appeal. However, prospective residents should weigh these advantages against the booming housing market's financial implications and factor in supplementary costs for healthcare and diverse schooling options.