CostIndexUSA

Austin, TX vs Tacoma, WA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableTX
Austin
98.1
overall index
$1,550/mo rent
WA
Tacoma
111.1
overall index
$2,175/mo rent

Austin is moderately cheaper than Tacoma — 13.3% lower overall cost of living.

To match an $80,000 salary in Austin, you would need $90,600 in Tacoma. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+25.7%
Austin
120.4
Tacoma
151.3
🛒 Groceries+10.9%
Austin
93.8
Tacoma
104
🚗 Transportation+11.0%
Austin
101.1
Tacoma
112.2
🏥 Healthcare+11.1%
Austin
91.4
Tacoma
101.5
Utilities+13.2%
Austin
82
Tacoma
92.8

Salary Equivalency Calculator

Enter your current salary in Austin to see what you'd need to earn in Tacoma to maintain the same purchasing power.

$
Equivalent salary in Tacoma, WA
$90,600
$10,600 more needed in Tacoma

Formula: salary × (111.1 ÷ 98.1) = salary × 1.1325. Based on BEA Regional Price Parities.

Housing Market

Austin, TX

Median Home Price
$420,000
Median Monthly Rent
$1,550
Housing Index
120.4
Price-to-Rent Ratio
22.6×

Tacoma, WA

Median Home Price
$730,000
Median Monthly Rent
$2,175
Housing Index
151.3
Price-to-Rent Ratio
28.0×

Tacoma has 25.7% higher housing costs compared to Austin.

Income & Job Market

Austin, TX

Median Household Income
$98,500
Per Capita Income
$56,100
Unemployment Rate
3.9%
Population
978,908
Top Industries
TechnologyGovernmentHealthcareEducationEntertainment

Tacoma, WA

Median Household Income
$110,700
Per Capita Income
$63,100
Unemployment Rate
4.2%
Population
219,346
Top Industries
MilitaryManufacturingHealthcareLogisticsRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Austin, TX
5.3×income-to-rent ratio

81% of income left after rent (median)

Tacoma, WA
4.2×income-to-rent ratio

76% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.