Cost of Living and Inflation in Austin, Texas: What do you need to know?

It’s very hot, very expensive, the power goes out every time it rains, there is traffic at a dead stop pretty much all hours of the day, and it’s for really dumb reasons like the stop lights are out of sync, or the police shut down the freeway for no reason. Rent is unaffordable for average people, $1000 for a 400sf studio, at least $500K – $1M if you want to buy anywhere in the city. All the artists have been driven out, theaters shuttered, decent music venues are rare, unless you want to see a cover band. Most of the good restaurants went out of business during the pandemic. Anything that is worth doing is such an enormous exhausting expensive hassle, it ends up not being worth it.

There are still budget friendly and different experiences to have in Austin even though the city gets fancier hotels and restaurants every year. Seek out smaller local restaurants, music venues, hikes, swimming, it is still here.

Austin is changing like crazy. It is growing as a hub for tech companies, and the cost of living is exploding. This is no longer a small, sleepy town; this is a hot place to live. While it’s not as expensive as living in the Bay Area, it’s certainly not cheap, either.

Any person moving to Austin must be aware of its hot and humid climate. It somehow feels humid even when it rains. Instead of spring, summer, autumn, then winter, you get spring, summer, summer, and a lukewarm winter. If the scorching weather isn’t enough to deter hopeful residents, they ought to also be aware of how rapidly housing costs are increasing all throughout the city.

Austin is a very progressive city with a lot of diversity in its population. You can find the diversity reflected throughout the various neighborhoods, the multitude of amazing ethnic food trucks, and a variety of interesting art venues. One should also know that the price of housing here is extremely high.