Cost of Living: Austin, TX vs Providence, RI

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Austin, TX versus $4,167/mo in Providence, RI. In the model, rent is about 24.12% of gross in Austin, TX versus 19.42% in Providence, RI, so Providence, RI tends to feel more affordable for rent.

Take-home in Austin, TX
$4,516/mo
Income level: below
Take-home in Providence, RI
$4,167/mo
Income level: near
Rent share (1BR) in Austin, TX
24.12%
COLI tier: mid-range
Rent share (1BR) in Providence, RI
19.42%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Austin, TX and Providence, RI.

At a glance

  • Cheaper overall (lower cost-of-living index): Providence, RI
  • Lower rent (median 1BR/2BR): Providence, RI
  • Lower home prices: Providence, RI
  • Higher median household income: Austin, TX

Cost of Living Index

Austin, TX: 112.7 (U.S. = 100) · Providence, RI: 105.8 (U.S. = 100)

Providence, RI has a lower cost-of-living index than Austin, TX, so a given salary generally stretches further there.

Median Rent

Austin, TX: $1,573/mo (midpoint of 1BR/2BR) · Providence, RI: $1,267/mo

Median rent in Austin, TX is $306/mo higher than in Providence, RI.

Median Home Price

Austin, TX: $512,700 · Providence, RI: $322,800

Median home price in Austin, TX is $189,900 higher than in Providence, RI.

Median Household Income

Austin, TX: $91,461 · Providence, RI: $66,772

Austin, TX has a higher median household income than Providence, RI by $24,689.

Austin, TX overview · Providence, RI overview · Popular comparisons