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Austin vs Denver

Austin, TX  ·  Denver, CO

⚖️

Austin and Denver have similar costs of living.

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

💵

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.

🏠

Housing

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

🏢

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.

📋

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.

💼

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.

🚗

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

Related Comparisons

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.

Cost of living data sourced from Council for Community and Economic Research (C2ER) Cost of Living Index, U.S. Census Bureau American Community Survey, and Zillow Research. Tax rates from Tax Foundation and state revenue agencies. Last updated: March 2025.