Is living in austin affordable?

According to PayScale, the cost of living in Austin is three percent lower than the national average. The most important factor that increases the cost of living is housing, which is slightly higher than the national average. A graduate of the University of Texas at Austin, Mehra had dedicated most of his career to finance, working for Fidelity Investments in Boston. North Central and Northwest Austin are among the most historic (and most expensive) neighborhoods to live in in Austin.

More than half of the people who live and work in the Austin area live outside the city, and many people travel to Austin for work. Dianna Dean, who is black, grew up in East Austin when the city was still effectively segregated by Interstate 35, and earned a nursing degree at Austin Community College. Over the past 10 years, high-tech jobs, which tend to pay in six figures, increased by nearly 62 percent in the Austin metropolitan area, to a total of approximately 176,000 jobs, accounting for 17 percent of all jobs and far surpassed the growth of all other industries, according to the House of Austin Commerce. The city also has a low unemployment rate of 3.2%, which is higher than Texas overall (5.2%) and the United States overall (4.2%), suggesting that Austin is a good place to find work, especially if you work in a high-tech industry.

AUSTIN, Texas A recent study by the University of North Carolina ranks Austin as the second fastest-growing city in the nation. The average price of gasoline is cheaper in Austin than in the entire United States and slightly less expensive than the average price in Texas. With the iconic University of Texas campus, gentle rolling hills and a vibrant music scene, Austin has long been an attractive place to call home.