salaryAustin is 7% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Austin to live the same way.
🏠 Rent per month
$1,651
$1,932
🛏️ 2-bedroom rent
$1,565
$1,941
💵 Families earn per year
$111,392
$101,010
🔑 Buying a house
$395,900
$555,300
📊 Overall prices (U.S. = 100)
105.4
98.1
🏛️ Property tax per year
$4,982
$8,024
⚡ Electric bill per month
$136
$134
👥 People living there
288,976
979,539
Commute to work
18.8 min
23.7 min
College degree
38.7%
59.6%
Own their home
63.9%
43.4%
Below poverty line
8.9%
12%
Unemployment
4.6%
4.7%
Bottom line
- Pick Anchorage for lower rent, cheaper 2-bedroom apartments, higher incomes and 4 more.
- Pick Austin for a more educated workforce.
Pay for the same job
| Job | Anchorage | Austin | Difference |
|---|---|---|---|
| Plumber | $93,600 | $62,810 | -33% in Austin |
| Carpenter | $72,800 | $50,260 | -31% in Austin |
| HVAC Technician | $85,620 | $60,820 | -29% in Austin |
| Software Developer | $104,030 | $134,120 | +29% in Austin |
| Police Officer | $115,020 | $82,290 | -28% in Austin |
| Electrician | $82,440 | $60,390 | -27% in Austin |
| Elementary School Teacher | $79,270 | $61,270 | -23% in Austin |
| Licensed Practical Nurse | $82,330 | $64,580 | -22% in Austin |
Frequently asked questions
Is Anchorage or Austin cheaper to live in?
Austin is about 7% cheaper overall. Rent is $1,932 a month there versus $1,651 in Anchorage.
What salary do I need in Austin to match $60,000 in Anchorage?
About $55,814 a year gives the same standard of living in Austin.
Where do people earn more, Anchorage or Austin?
The typical household earns $111,392 in Anchorage and $101,010 in Austin, 10% more in Anchorage.