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Quick answer

Austin is 33% cheaper than Denver overall. A $100K salary in Denver is equivalent to $67,000 in Austin.

Cost of Living Comparison · 2026

Denver vs Austin Cost of Living (2026)

Side-by-side cost comparison plus a salary calculator to find your equivalent pay in either city.

Overall COL difference

Austin is 33% cheaper

1BR rent difference

-5% (B vs A)

$100K in A = in B

$67,000

Denver vs Austin: Side-by-Side

Category
Denver
Austin
Diff

1BR median rent

$1,740/mo

$1,650/mo

-5%

2BR median rent

$2,250/mo

$2,100/mo

-7%

Median home price

$565K

$548K

-3%

Avg monthly groceries

$370

$380

+3%

Avg monthly utilities

$145

$175

+21%

State income tax

4.4%

None

Austin saves

Walk score

61/100

41/100

Denver better

Transit score

44/100

34/100

Denver better

Salary Equivalency Calculator

How much you need to earn in Austin to maintain the same standard of living as your current Denver salary — and vice versa.

Denver salary
Austin equivalent
Austin salary → Denver equiv.

$60,000

$40,000

$89,000

$80,000

$54,000

$119,000

$100,000

$67,000

$149,000

$120,000

$80,000

$179,000

$150,000

$101,000

$224,000

Calculated using a weighted index: rent (40%), home prices (20%), groceries (20%), utilities (10%), state income tax (10%). Individual lifestyles vary.

Monthly Budget: Denver vs Austin

Denver, CO
1BR rent$1,740/mo
Groceries$370/mo
Utilities$145/mo
Transport (est.)$350/mo
State income tax4.4%
Essentials total$2,605/mo
Austin, TX
1BR rent$1,650/mo
Groceries$380/mo
Utilities$175/mo
Transport (est.)$350/mo
State income taxNone
Essentials total$2,555/mo

Who Each City Is Best For

Denver is best for

  • outdoor enthusiasts
  • skiers
  • tech workers
  • craft beer lovers

Austin is best for

  • tech workers
  • young professionals
  • outdoor enthusiasts
  • musicians

FAQs

Is Denver or Austin cheaper to live in?

Austin is 33% cheaper than Denver overall. Austin 1BR rent ($1,650/mo) vs Denver ($1,740/mo). Median home price: Austin $548K vs Denver $565K.

How much salary do I need in Austin to match $100K in Denver?

$67,000 in Austin is equivalent to $100,000 in Denver based on cost of living differences. The biggest factors are rent (-5% difference) and state taxes (Denver: 4.4% vs Austin: None).

What is the rent difference between Denver and Austin?

1BR: Denver $1,740/mo vs Austin $1,650/mo (-5%). 2BR: Denver $2,250/mo vs Austin $2,100/mo (-7%).

Does Denver or Austin have lower taxes?

Denver (CO) has 4.4% state income tax. Austin (TX) has None state income tax. On a $100K salary, the annual tax difference is ~$4,400.