Quick Answer
60,000 is a below-average salary in Austin, placing you above roughly 38% of earners. After taxes (~22.1% effective rate), your take-home is approximately $3,893/month. A 1-bedroom apartment averages $1,800/month (46% of net income).
The question "is 60k good in Austin?" comes up frequently among professionals considering new roles or relocations. The honest answer requires looking at data—not just gut feelings—and that's exactly what we provide in this comprehensive salary analysis.
Austin (pop. 2.3 million) is moderately expensive compared to global metros, with a cost of living index of 72 (NYC = 100). Average 1-bedroom rent is $1,800/month and a monthly transit pass costs $65. It's considered a strong tech market with a tech score of 8/10.
Market data suggests that salaries in Austin reflect both local demand and broader economic trends. A 60k salary should be evaluated not just against current costs, but against the city's trajectory. Is the cost of living rising faster than wages? Are new employers entering the market and pushing compensation up? These trends affect whether your salary will feel comfortable next year too.
Career progression in Austin follows patterns influenced by industry concentration, company types, and competitive dynamics. Your current salary of 60k is one data point in a longer trajectory. In rapidly growing sectors, professionals often see 20-30% increases within 3-5 years through a combination of raises, promotions, and strategic job changes.
Financial planning with a 60k income in Austin requires understanding local norms for savings, housing costs, and discretionary spending. Local financial advisors typically recommend that housing costs stay below 30% of gross income, transportation below 15%, and that at least 15-20% goes toward savings and investment. How does 60k measure up against these benchmarks in Austin?
The comparison between 60k and local median incomes provides important context. If you're earning significantly above the median household income in Austin, you likely have substantial financial flexibility. If you're near or below it, budget discipline becomes more important, and understanding where to optimize spending can make a meaningful difference.
International professionals considering Austin should also factor in currency exchange effects, relocation costs, and any differences in benefits structure. What's considered a standard benefit in one country (like health insurance in Europe) might need to come out of pocket in another, effectively changing the value of 60k significantly.
Is 60k a good salary in Austin in 2026?
60k is a below-average salary, with roughly 62% of earners making more in Austin. The local median salary is $70,000, so earning $60,000 puts you at the 38th percentile. After accounting for housing (average $1,800/month for a 1-bedroom), taxes, and daily costs, this salary allows for meaningful monthly savings.
How much tax will I pay on 60k in Austin?
On a gross salary of $60,000 in United States, you can expect an effective tax rate of approximately 22.1%. This means roughly $13,288 per year goes to taxes, leaving you with a net income of about $46,712 per year ($3,893 per month). The exact amount may vary based on deductions, filing status, and local levies.
What is the average rent in Austin in 2026?
As of 2026, the average rent for a 1-bedroom apartment in central Austin is approximately $1,800 per month, while a 2-bedroom averages around $2,500 per month. On a 60k salary, a 1-bedroom rent would consume about 46% of your after-tax income, which is a very high share of income.
How does 60k in Austin compare to other cities?
Purchasing power varies by city, so 60k in Austin is not equivalent elsewhere. Adjusted for cost of living, the same standard of living would require approximately: New York ($83,400), London ($70,833), San Francisco ($87,600). Austin has a purchasing power index of 108 (NYC = 100), meaning your money goes further than in New York.
What is the cost of living in Austin in 2026?
Austin has a cost of living index of 72 (where New York = 100), making it a moderately expensive city. Key monthly costs include: rent ($1,800 for 1BR), groceries (~$360), transport ($65), and utilities (~$108). Total monthly expenses for a single professional average around $2,513 before discretionary spending.
Can I save money on 60k in Austin?
On 60k in Austin, your estimated monthly take-home pay is $3,893 after taxes. With typical expenses of $2,513/month (rent, groceries, transport, utilities, and leisure), you could potentially save around $1,380 per month ($16,560/year). This provides solid room for building an emergency fund and investing.
Last updated: 2026-02-19 | Data sources: Numbeo, OECD, Glassdoor, and local government statistics.
Disclaimer: This page uses market data and cost-of-living sources for guidance. All figures and advice are estimates, not guarantees. Local conditions and personal circumstances may vary.
