Cost of Living Guide
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City comparison

Cost of living in New York vs Austin

One person needs about €4,270 a month in New York and €2,411 in Austin, rent included — Austin is 44% cheaper overall.

🇺🇸
New York
United States · 8.3M pop
vs
🇺🇸
Austin
United States · 980K pop
Monthly rent (1BR)
€3,200€1,600
50% cheaper
Groceries / mo
€480€400
17% cheaper
Eating out (meal)
€25€17
32% cheaper
Internet (100mbps)
€60€55
8% cheaper
Avg salary (tech)
€8,200€6,500
21% lower
Coworking / mo
€420€280
33% cheaper
New YorkAustin
Rent€3,200€1,600
Groceries€480€400
Transport€120€40
Utilities€210€180

🇺🇸 New York

Extreme on both sides of the ledger: top-of-market pay, top-of-market burn rate.

Monthly budget: €4,270

Sources: US BLS + Census ACS, CPI-U (NY area) & ACS median gross rent (2024) · 502 community reports

🇺🇸 Austin

No state income tax and a real tech market, with car costs baked in.

Monthly budget: €2,411

Sources: Eurostat, Harmonised price indices (2025) · 0 community reports

Should you move to New York or Austin?

On salary, New York pays more for tech roles (€8,200 versus €6,500 a month), so the money left over after costs is €4,089 in Austin at the top end.

Rent drives most of the gap: €3,200 in New York against €1,600 in Austin. Groceries, transport and utilities move far less between the two.

For remote workers, the nomad index scores New York at 61 and Austin at 73 — see the full nomad index and our data methodology.

More New York comparisons

More Austin comparisons