Based on 2023 data, the purchasing power of $100,000 would be $102,438 in the Austin metro area, illustrating cost of living variations across Texas.
Most of the 25 metros in the state had regional price parities below 100 in 2023, indicating their price levels were less than the national average.
'Whether you are considering a job offer in a more expensive city, looking for an affordable place to retire, or are just curious about how price levels compare between different parts of the country, our regional price parities can help,' said Vipin Arora.
Texas has long been an attractive state for movers, with statistics showing it had the largest positive net domestic migration among US states from mid-2023 to mid-2024.
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