Cost of Living: Denver vs Austin (2026)
A one-bedroom apartment runs $1,800/mo in Austin vs $2,000/mo in Denver โ a 11% difference. Austin has no state income tax, giving residents more take-home pay than those in Denver (4.4% rate).
- 1BR rent: $1,800/mo in Austin vs $2,000/mo โ 10% savings
- Austin has 0% state income tax โ saves ~$3,300+/yr at a $75K salary
- Higher median household income: Denver ($75,000/yr vs $72,000/yr)
- Median home price: $480,000 in Austin vs $530,000 โ 9% difference
| Category | Denver Colorado | Austin Texas |
|---|---|---|
| ๐ HousingQ1 2026 | ||
| Studio rent/mo | $1,600 | $1,500Best |
| 1BR rent/mo | $2,000 | $1,800Best |
| 2BR rent/mo | $2,700 | $2,400Best |
| Median home price | $530K | $480KBest |
| ๐ Food & GroceriesQ1 2026 | ||
| Groceries index (100 = US avg) | 102 | 98Best |
| Budget meal (1 person) | $15 | $14Best |
| Mid-range dinner (2) | $65 | $60Best |
| ๐ TransportationQ1 2026 | ||
| Monthly transit pass/mo | $114 | $50Best |
| Gas price/gal | $3.30 | $3.10Best |
| Car insurance/mo | $155Best | $175 |
| โก UtilitiesQ1 2026 | ||
| Monthly utilities bundle/mo | $140Best | $170 |
| Internet/mo | $65Best | $65 |
| ๐ฐ Income & TaxesQ1 2026 | ||
| Median household income/yr | $75KBest | $72K |
| State income tax% | 4.4% | 0.0%Best |
| Sales tax (combined)% | 8.8% | 8.3%Best |
| ๐ฌ LeisureQ1 2026 | ||
| Movie ticket | $16.00 | $15.00Best |
| Gym membership/mo | $50 | $40Best |
| Beer at restaurant | $7.00Best | $7.00 |
| ๐ OverviewQ1 2026 | ||
| Overall COL index (100 = US avg) | 122Best | 122 |
| Walk score / 100 | 60Best | 42 |
Frequently asked questions
What is the average rent in Denver vs Austin?
As of Q1 2026, the median 1-bedroom rent in Denver is $2,000/month and in Austin is $1,800/month. Denver is more expensive by 11%.
How much do I need to earn in Austin to match a $75,000 salary in Denver?
To maintain a similar lifestyle, you would need approximately $75,000/year in Austin to match a $75,000 salary in Denver. This estimate is based on overall cost of living indices and does not account for individual spending patterns.
Which city has lower taxes โ Denver or Austin?
Austin has the lower state income tax rate at 0% vs 4.4%. Austin has no state income tax at all, which can save thousands of dollars per year depending on your income. Note that sales tax and local taxes also vary โ see the full breakdown in the table above.
Is it worth moving from Denver to Austin?
It depends on your priorities. Both cities have similar overall costs. Use the comparison table above to evaluate rent, groceries, transportation, and income potential side by side based on your specific budget.
Data sourced from Zillow, BLS, Numbeo, Tax Foundation, and US Census ACS ยท Updated Q1 2026 ยท For general guidance only
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