Last update: Oct 2026

Cost of Living Comparison Between Austin, TX and Summit, NJ

For one person, living is cheaper in Austin, TX: $2,698 a month against $3,934 in Summit, NJ, rent and utilities included – about $14,800 less a year. Rent and utilities account for most of the difference.

129

Cost of Living Index in Austin, TX
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Austin, TX Living Index
189

Cost of Living Index in Summit, NJ
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Summit, NJ Living Index

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Austin, TX

🇺🇸 United States

$2,698

/mo nomad

Summit, NJ

🇺🇸 United States

$3,934

/mo nomad

Monthly Cost of Living

How much you'll spend in Austin, TX and in Summit, NJ

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Austin, TX and in Summit, NJ actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,698 in Austin, TX versus $3,934 in Summit, NJ.

Austin, TX $2,698
Summit, NJ $3,934

Estimated couple costs with rent: $4,160 in Austin, TX versus $6,112 in Summit, NJ.

Austin, TX $4,160
Summit, NJ $6,112

Monthly costs for a family of three with rent: $5,622 in Austin, TX versus $8,290 in Summit, NJ.

Austin, TX $5,622
Summit, NJ $8,290

Living in Austin, TX costs roughly 31% less than in Summit, NJ, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Austin, TX 99% above, Summit, NJ 190% above.

Meal at Budget Restaurant

$20.63 $20.63

$24.51 $24.51

-15.83%

Three-Course Dinner for Two, Mid-Range

$84.6 $84.6

$99.2 $99.2

-14.75%

Fast Food Meal (McDonalds, etc)

$12.07 $12.07

$10.89 $10.89

10.84%

Cappuccino

$5.48 $5.48

$5.39 $5.39

1.67%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.80 $3.80

$2.22 $2.22

71.17%

Water (0.33 liter bottle)

$2.47 $2.47

$1.51 $1.51

63.58%

Local Beer (0.5 liter draught)

$8.05 $8.05

$8.15 $8.15

-1.23%

Imported Beer (0.33 liter bottle)

$8.88 $8.88

$7.86 $7.86

12.98%

Milk (1 liter)

$1.11 $1.11

$1.26 $1.26

-11.90%

White Bread (500g)

$3.72 $3.72

$4.30 $4.30

-13.49%

Rice (white) (1kg)

$3.37 $3.37

$5.98 $5.98

-43.65%

Eggs

$4.32 $4.32

$5.99 $5.99

-27.88%

Local Cheese (1kg)

$13.13 $13.13

$14.21 $14.21

-7.60%

Chicken Fillets (1kg)

$14.15 $14.15

$10.35 $10.35

36.71%

Beef Round Steak (1kg)

$16.33 $16.33

$17.32 $17.32

-5.72%

Apples (1kg)

$4.55 $4.55

$6.06 $6.06

-24.92%

Banana (1kg)

$1.46 $1.46

$1.71 $1.71

-14.62%

Oranges (1kg)

$4.71 $4.71

$4.15 $4.15

13.49%

Tomato (1kg)

$4.15 $4.15

$5.28 $5.28

-21.40%

Potato (1kg)

$2.58 $2.58

$2.99 $2.99

-13.71%

Onion (1kg)

$2.35 $2.35

$3.70 $3.70

-36.49%

Lettuce (1 head)

$1.77 $1.77

$2.99 $2.99

-40.80%

Water (1.5 liter bottle)

$2.14 $2.14

$2.95 $2.95

-27.46%

Cigarettes 20 Pack (Marlboro, Camel)

$10.10 $10.10

$11.48 $11.48

-12.02%

Wine (Bottle)

$15.19 $15.19

$19.82 $19.82

-23.36%

Local Beer (0.5 liter bottle)

$2.82 $2.82

$1.69 $1.69

66.86%

Imported Beer (0.33 liter bottle)

$3.44 $3.44

$5.50 $5.50

-37.45%

One-way Ticket (Public Transport)

$1.54 $1.54

Public Transport Monthly Pass (Regular Price)

$40.99 $40.99

Taxi Start (Normal Tariff)

$2.80 $2.80

$2.99 $2.99

-6.35%

Taxi (Normal Tariff) (1km)

$1.60 $1.60

$2.09 $2.09

-23.44%

Taxi 1hour Waiting (Normal Tariff)

$34.34 $34.34

$24.27 $24.27

41.49%

Gasoline (1 liter)

$0.94 $0.94

$1.06 $1.06

-11.32%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$34.0K $34.0K

$27.8K $27.8K

22.26%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$26.8K $26.8K

$26.3K $26.3K

1.77%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$223 $223

$215 $215

3.34%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$58.9 $58.9

$60.0 $60.0

-1.88%

Internet (50+ Mbps, Unlimited Data)

$70.6 $70.6

$49.97 $49.97

41.26%

Gym Membership (Monthly)

$57.7 $57.7

$81.2 $81.2

-28.91%

Tennis Court (1 Hour on Weekend)

$16.53 $16.53

Cinema Ticket

$14.26 $14.26

$14.85 $14.85

-3.97%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,511 $1,511

$1,966 $1,966

-23.14%

International Primary School, 1 Child (Yearly)

$20.9K $20.9K

$16.0K $16.0K

30.25%

Jeans (Levis 501 Or Similar)

$51.3 $51.3

$40.78 $40.78

25.72%

Summer Dress (H&M, Zara, etc)

$44.17 $44.17

$56.9 $56.9

-22.30%

Sport Shoes (Adidas, Nike)

$87.0 $87.0

$77.0 $77.0

13.05%

Men's Leather Business Shoes

$104 $104

$120 $120

-13.00%

1-bedroom Apartment, City Center (Monthly)

$1,940 $1,940

$2,795 $2,795

-30.57%

1-bedroom Apartment, Outside City Center (Monthly)

$1,316 $1,316

$2,530 $2,530

-47.98%

3-bedroom Apartment, City Center (Monthly)

$3,664 $3,664

$5,573 $5,573

-34.25%

3-bedroom Apartment, Outside City Center (Monthly)

$2,565 $2,565

$5,084 $5,084

-49.54%

Buy Apartment in City Center (m2)

$7,354 $7,354

Buy Apartment Outside City Center (m2)

$3,129 $3,129

Average Monthly Net Salary (After Tax)

$5,286 $5,286

20-Year Fixed Mortgage Interest Rate (Annual %)

6.79

6.75

0.59%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Austin, TX: October 19, 2026

Last update for Summit, NJ: October 18, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Austin, TX

$1.3K 48.8%

Summit, NJ

$2.5K 64.3% 92.2% $1.2K

Groceries & Markets

Austin, TX

$406 15.1%

Summit, NJ

$456 11.6% 12.4% $50

Monthly Utilities & Internet

Austin, TX

$352 13.1%

Summit, NJ

$325 8.3% 7.6% $27

Eating Out

Austin, TX

$350 13%

Summit, NJ

$365 9.3% 4.2% $15

Clothing & Footwear

Austin, TX

$129 4.8%

Summit, NJ

$133 3.4% 2.7% $3.5

Sport & Entertainment

Austin, TX

$86 3.2%

Summit, NJ

$111 2.8% 28.6% $25

Getting Around

Austin, TX

$58 2.2%

Summit, NJ

$13 * 0.3% 76.8% $44

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $1,940 in Austin, TX and $2,795 in Summit, NJ. Housing cost is often the main lever when comparing two cities.

Dining out: $85.0 in Austin, TX vs $99.0 in Summit, NJ for a mid-range dinner for two. Groceries echo the gap at $406 vs $456 per month, with Austin, TX cheaper across the board.

Good to know

🇺🇸 Austin, TX

🇺🇸 Summit, NJ

🕒 Local time

23:35 11:35 PM

00:35 12:35 AM

1 h ahead of Austin, TX

🌤 Weather

👥 Population

974,447

11,161

💱 Currency

United States Dollar USD $

📈 Exchange rate

1 USD = 0.89 EUR

Exchange rates and currency converter

On the map

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Highest

Between locations

Austin, TX Summit, NJ 2,400 km ≈ 3 h 30 min nonstop flight

From you

Austin, TX
Summit, NJ

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Austin, TX vs Summit, NJ: Cost of Living - Frequently Asked Questions

Austin, TX wins on cost – living expenses run 46% lower than in Summit, NJ. Housing and daily spending are where you'll feel the difference most, making Austin, TX the obvious pick if budget is a priority.

You'd need roughly $4,046 in Austin, TX and $5,901 in Summit, NJ to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $1,940 in Austin, TX versus $2,795 in Summit, NJ. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $1,511 in Austin, TX versus $1,966 in Summit, NJ. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Austin, TX – a meal for two runs $85.0 versus $99.0 in Summit, NJ. If you eat out regularly, this makes a real dent in your monthly spending.

Both cities are expensive relative to $2,000. Austin, TX is the more realistic option, but even there you'll need to be disciplined with housing, food, and fun money.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Austin, TX and Summit, NJ are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Austin, TX gentler on the wallet – expenses run 46% less than in Summit, NJ. Beyond cost, consider language, visa policies, and how big the international community is in each city.