Moving from Richmond to Austin (2026)

Austin has a COL index of 122 vs 98 for Richmond (100 = US average). Expect to pay about 24% more for the same lifestyle.

Pay ~$203 more/mo
on core expenses · $75K salary baseline

Key differences

COL index
98122
100 = US avg
1BR rent
$1,600$1,800
per month
State tax
5.8%None
income tax
Take-home at $75K
$4,378$4,741
per month

Salary needed in Austin to match your Richmond lifestyle

Based on the 24% cost of living increase between the two cities.

Your salary in RichmondEquivalent in Austin
$40K$49,796
$50K$62,245
$60K$74,694
$75K$93,367
$80K$99,592
$100K$124,490
$120K$149,388
$150K$186,735

Monthly budget at $75K — Richmond vs Austin

ExpenseRichmondAustin
Monthly take-home$4,378$4,741
1BR rent$1,600$1,800
Groceries$369$372
Transport$70$50
Utilities$155$170
Internet$60$65
Left after essentials$2,124$2,284

Frequently asked questions

Is Austin cheaper than Richmond?

No. Austin has a cost of living index of 122 vs 98 for Richmond (100 = US average). That's about 24% more expensive.

How much will I save moving from Richmond to Austin?

On a $75K salary, core expenses in Austin run about $203/month more than Richmond. Factor this into your salary negotiation when relocating.

What salary do I need in Austin to match my Richmond lifestyle?

To maintain the same purchasing power as $75,000 in Richmond, you'd need roughly $93,367/year in Austin. This is based on the overall COL index difference between the two cities.

Estimates based on Q1 2026 COL index and market data. Budget uses simplified federal/state tax rates at $75K. Zillow · BLS · Numbeo · For general guidance only