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Austin vs Denver

Austin, TX  ·  Denver, CO

TL;DR

Austin cost-of-living index is 121 vs 121 for Denver (US = 100). Median home: $500,000 vs $565,000. Median rent: $1,300/mo vs $1,395/mo.

Source: Zillow ZHVI/ZORI · Census ACS, 2026-04-19

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Austin and Denver have similar costs of living.

Written by Jere Salmisto, Founder & Quantitative Systems Builder, CalcFi·Reviewed by CalcFi Editorial·Last reviewed 2026-04-19

Home Price

Austin: $500,000

Denver: $565,000

Monthly Rent

Austin: $1,300/mo

Denver: $1,395/mo

COL Index

Austin: 121

Denver: 121

Median Income

Austin: $83,800

Denver: $85,200

Side-by-Side Comparison

Metric
Austin
Denver
Winner
🏠

Median Home Price

$500,000
$565,000
Austin
🏢

Monthly Rent (Median)

$1,300/mo
$1,395/mo
Austin
💰

Median Household Income

$83,800
$85,200
Denver
📋

Property Tax Rate

1.8%
0.55%
Denver
📊

Cost of Living Index

100 = national average

121
121
Tied
🚗

Avg. Commute

27 min
26 min
Denver
📈

Unemployment Rate

3.1%
3.3%
Austin
👥

Median Age

34 yrs
36.6 yrs
Denver

What This Means For You

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Buying Power

A $100,000 salary in Austin has the same purchasing power as $100,000 in Denver — based on each city's cost of living index.

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Housing

Homes in Denver are 13% cheaper (-$65,000 less). That's a significant down payment and monthly payment difference.

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Renting

Renting in Austin saves you $95/month — $1,140 per year. Median rent: $1,300/mo in Austin vs $1,395/mo in Denver.

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Property Taxes

On a median-priced home, Austin owners pay roughly $9,000/year in property taxes vs $3,108/year in Denver. That's a $5,893 annual difference.

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Local Earnings

Median household income is $83,800 in Austin and $85,200 in Denver. Incomes are similar, so cost of living differences matter more.

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Daily Commute

Average commute is 27 minutes in Austin vs 26 minutes in Denver. Commute times are nearly identical.

Salary Equivalence

To maintain the same lifestyle when moving from Austin to Denver, here's the salary you'd need:

Salary in AustinEquivalent in DenverDifference
$50,000$50,000$0
$75,000$75,000$0
$100,000$100,000$0
$150,000$150,000$0
$200,000$200,000$0

* Calculated using cost of living indices (national average = 100). Does not account for state income tax differences.

Run the Numbers

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Mortgage Calculator

See monthly payments for homes in either city

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Rent vs Buy

Is it cheaper to rent or buy in these markets?

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Cost of Living

Full cost of living comparison tool

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Home Appreciation

Project future home value growth

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Affordability Calculator

How much home can you afford?

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Property Tax Calculator

Estimate taxes in Austin or Denver

Austin Calculators

→ Mortgage calculator for Austin→ Rent vs buy in Austin

Denver Calculators

→ Mortgage calculator for Denver→ Rent vs buy in Denver

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Austin vs Denver: Common Questions

Is Austin or Denver cheaper to live in?

Based on cost of living indices, Denver is cheaper overall. Austin has a COL index of 121 while Denver scores 121 (national average = 100).

How do home prices compare between Austin and Denver?

The median home price in Austin is $500,000 vs $565,000 in Denver — a difference of $65,000 (13%).

What salary do I need in Denver to match my Austin income?

Use the salary equivalence table above. For example, a $100K salary in Austin is equivalent to $100,000 in Denver in terms of purchasing power.

Which city has lower property taxes?

Denver has a lower property tax rate (0.55% vs 1.8%). On a median-priced home, that means paying $3,108/year vs $9,000/year.

How does rent compare in Austin vs Denver?

Median monthly rent: $1,300 in Austin vs $1,395 in Denver. Annualized: $15,600 vs $16,740.

What is the median household income in each city?

Austin: $83,800/yr. Denver: $85,200/yr (Census ACS).

Which city is better for remote workers?

Lower-cost Denver typically lets remote-workers keeping a coastal salary stretch further. Higher-cost cities usually win on amenities and labor-market depth.

Where does the data on this comparison come from?

Numbers are pulled from Zillow ZHVI/ZORI (home values, rent), the U.S. Census Bureau ACS (income), and BEA RPP (cost-of-living index). Each value is timestamped on the page.

How often is this comparison updated?

Source feeds refresh on their native cadence — hourly for mortgage rates, monthly for ZHVI/ZORI, annually for ACS. Page caches revalidate every 24 hours via Next.js ISR.

Does this comparison replace tax or financial advice?

No. This page is educational reference using public data and standard formulas. It is not personalized tax, legal, or investment advice. Consult a licensed professional for material decisions.

Sources & Citations

  1. Zillow Research — Zillow Home Value Index (ZHVI) and Observed Rent Index (ZORI) — zillow.com/research/data
  2. U.S. Census Bureau — American Community Survey (ACS) 5-year estimates for median household income, median age, commute time — census.gov/acs
  3. Bureau of Economic Analysis — Regional Price Parities (RPP) by state and metro — bea.gov/rpp
  4. Tax Foundation — effective property tax rates and state tax rates — taxfoundation.org
  5. U.S. Bureau of Labor Statistics — unemployment rates and regional CPI — bls.gov
  6. Council for Community and Economic Research (C2ER) — Cost of Living Index — coli.org
Methodology & Assumptions

City-level metrics (median home price, median rent, median household income, property tax rate, COL index, commute, unemployment, median age) are sourced from Zillow ZHVI/ZORI[1], Census ACS 5-year estimates[2], BEA Regional Price Parities[3], Tax Foundation[4], and BLS Local Area Unemployment Statistics[5].

The Cost of Living Index uses 100 = national average (C2ER methodology[6]): values above 100 indicate a city is more expensive than the national average, below 100 less expensive.

Salary equivalence uses the ratio adjustedSalary = salary × (colDestination / colOrigin). This accounts for cost-of-living differences but does not model state income tax variation, which can be significant.

Annual property tax is computed as medianHomePrice × propertyTaxRate. Actual assessed value may differ from sale price. Effective rates vary within a metro; these are metro-wide medians.

Commute-hours calculations assume 250 working days/year and a round-trip commute. "Tied" in the comparison table means values within ±1% of each other.

Last reviewed reflects the maximum retrievedAt timestamp across every sourced dataset feeding this page. When any source refreshes, the next ISR revalidation (every 24 hours) picks the new date.

Cost of living data sourced from [6] C2ER, [2] U.S. Census Bureau, and [1] Zillow Research. Tax rates from [4] Tax Foundation. Last reviewed 2026-04-19.