Last update: Oct 2026

Cost of Living Comparison Between Austin, TX and Terrace

For one person, living is cheaper in Terrace: $1,887 a month against $2,663 in Austin, TX, rent and utilities included – about $9,300 less a year. Rent and utilities account for most of the difference.

130

Cost of Living Index in Austin, TX
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Austin, TX Living Index
91

Cost of Living Index in Terrace
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Terrace Living Index

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Austin, TX

🇺🇸 United States

$2,663

/mo nomad

Terrace

🇨🇦 Canada

$1,887

/mo nomad

Monthly Cost of Living

How much you'll spend in Austin, TX and in Terrace

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 Terrace actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,663 in Austin, TX versus $1,887 in Terrace.

Austin, TX $2,663
Terrace $1,887

Estimated couple costs with rent: $4,133 in Austin, TX versus $2,853 in Terrace.

Austin, TX $4,133
Terrace $2,853

Monthly costs for a family of three with rent: $5,603 in Austin, TX versus $3,819 in Terrace.

Austin, TX $5,603
Terrace $3,819

Living in Austin, TX is roughly 41% more expensive than in Terrace, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Austin, TX 97% above, Terrace 40% above.

Meal at Budget Restaurant

$20.77 $20.77

$17.53 CA$24.78

18.48%

Three-Course Dinner for Two, Mid-Range

$84.6 $84.6

$79.9 CA$113

5.90%

Fast Food Meal (McDonalds, etc)

$12.32 $12.32

$9.87 CA$13.95

24.82%

Cappuccino

$5.63 $5.63

$3.93 CA$5.55

43.26%

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

$3.72 $3.72

$2.09 CA$2.95

77.99%

Water (0.33 liter bottle)

$2.50 $2.50

$1.62 CA$2.29

54.32%

Local Beer (0.5 liter draught)

$8.05 $8.05

$5.19 CA$7.34

55.11%

Imported Beer (0.33 liter bottle)

$9.01 $9.01

$6.15 CA$8.69

46.50%

Milk (1 liter)

$1.12 $1.12

$2.25 CA$3.19

-50.22%

White Bread (500g)

$3.75 $3.75

$2.63 CA$3.72

42.59%

Rice (white) (1kg)

$3.26 $3.26

$5.10 CA$7.21

-36.08%

Eggs

$4.17 $4.17

$3.60 CA$5.10

15.83%

Local Cheese (1kg)

$12.90 $12.90

$8.81 CA$12.45

46.42%

Chicken Fillets (1kg)

$14.16 $14.16

$15.36 CA$21.71

-7.81%

Beef Round Steak (1kg)

$16.22 $16.22

$13.51 CA$19.10

20.06%

Apples (1kg)

$4.33 $4.33

$4.06 CA$5.73

6.65%

Banana (1kg)

$1.46 $1.46

$1.21 CA$1.72

20.66%

Oranges (1kg)

$4.51 $4.51

$2.99 CA$4.23

50.84%

Tomato (1kg)

$4.34 $4.34

$3.67 CA$5.20

18.26%

Potato (1kg)

$2.58 $2.58

$3.14 CA$4.44

-17.83%

Onion (1kg)

$2.35 $2.35

$3.13 CA$4.43

-24.92%

Lettuce (1 head)

$1.78 $1.78

$2.37 CA$3.36

-24.89%

Water (1.5 liter bottle)

$2.22 $2.22

$1.01 CA$1.43

119.80%

Cigarettes 20 Pack (Marlboro, Camel)

$9.88 $9.88

$11.27 CA$15.94

-12.33%

Wine (Bottle)

$15.08 $15.08

$13.44 CA$18.99

12.20%

Local Beer (0.5 liter bottle)

$2.92 $2.92

$2.09 CA$2.96

39.71%

Imported Beer (0.33 liter bottle)

$3.46 $3.46

$1.78 CA$2.52

94.38%

One-way Ticket (Public Transport)

$1.49 $1.49

$1.38 CA$1.95

7.97%

Public Transport Monthly Pass (Regular Price)

$41.72 $41.72

$31.40 CA$44.40

32.87%

Taxi Start (Normal Tariff)

$2.73 $2.73

$3.30 CA$4.66

-17.27%

Taxi (Normal Tariff) (1km)

$1.66 $1.66

$1.50 CA$2.12

10.67%

Taxi 1hour Waiting (Normal Tariff)

$35.30 $35.30

$20.03 CA$28.31

76.24%

Gasoline (1 liter)

$0.95 $0.95

$1.22 CA$1.72

-22.13%

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

$36.0K $36.0K

$27.8K CA$39.3K

29.65%

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

$27.1K $27.1K

$18.7K CA$26.5K

44.60%

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

$229 $229

$93.2 CA$132

145.59%

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

$59.4 $59.4

$38.92 CA$55.0

52.60%

Internet (50+ Mbps, Unlimited Data)

$69.9 $69.9

$58.3 CA$82.5

19.83%

Gym Membership (Monthly)

$57.2 $57.2

$40.14 CA$56.7

42.60%

Tennis Court (1 Hour on Weekend)

$16.33 $16.33

$16.45 CA$23.26

-0.73%

Cinema Ticket

$14.28 $14.28

$8.91 CA$12.60

60.27%

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

$1,506 $1,506

$733 CA$1,037

105.35%

International Primary School, 1 Child (Yearly)

$21.5K $21.5K

$13.4K CA$18.9K

60.12%

Jeans (Levis 501 Or Similar)

$52.8 $52.8

$36.65 CA$51.8

44.09%

Summer Dress (H&M, Zara, etc)

$43.82 $43.82

$30.29 CA$42.82

44.67%

Sport Shoes (Adidas, Nike)

$84.8 $84.8

$79.8 CA$113

6.27%

Men's Leather Business Shoes

$103 $103

$104 CA$147

-0.72%

1-bedroom Apartment, City Center (Monthly)

$1,907 $1,907

$992 CA$1,402

92.33%

1-bedroom Apartment, Outside City Center (Monthly)

$1,274 $1,274

$845 CA$1,194

50.80%

3-bedroom Apartment, City Center (Monthly)

$3,664 $3,664

$1,556 CA$2,200

135.52%

3-bedroom Apartment, Outside City Center (Monthly)

$2,538 $2,538

$1,325 CA$1,874

91.50%

Buy Apartment in City Center (m2)

$7,614 $7,614

$4,127 CA$5,835

84.48%

Buy Apartment Outside City Center (m2)

$3,157 $3,157

$3,426 CA$4,843

-7.84%

Average Monthly Net Salary (After Tax)

$5,121 $5,121

$3,096 CA$4,376

65.43%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.79

5.05

34.46%

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

Last update for Austin, TX: October 12, 2026

Last update for Terrace: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Austin, TX

$1.3K 47.8%

Terrace

$845 44.8% 33.7% $429

Groceries & Markets

Austin, TX

$405 15.2%

Terrace

$364 19.3% 10.1% $41

Monthly Utilities & Internet

Austin, TX

$358 13.5%

Terrace

$191 10.1% 46.8% $168

Eating Out

Austin, TX

$354 13.3%

Terrace

$270 14.3% 23.7% $84

Clothing & Footwear

Austin, TX

$128 4.8%

Terrace

$113 6% 11.9% $15

Sport & Entertainment

Austin, TX

$86 3.2%

Terrace

$58 3.1% 32.4% $28

Getting Around

Austin, TX

$59 2.2%

Terrace

$48 2.5% 18.7% $11

Cost Breakdown

A one-bedroom apartment in the center runs $1,907 in Austin, TX and $992 in Terrace. Housing cost is often the main lever when comparing two cities.

Austin, TX pays 65% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $85.0 in Austin, TX vs $80.0 in Terrace for a mid-range dinner for two. Groceries echo the gap at $405 vs $364 per month, with Terrace cheaper across the board.

Good to know

🇺🇸 Austin, TX

🇨🇦 Terrace

🕒 Local time

07:17 7:17 AM

05:17 5:17 AM

2 h behind Austin, TX

🌤 Weather

👥 Population

974,447

19,443

💱 Currency

United States Dollar USD $

Canadian Dollar CAD $

📈 Exchange rate

1 USD = 0.89 EUR

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

Exchange rates and currency converter

CAD, EUR to USD – United States Dollar Converter

🇨🇦 Canadian Dollar ($)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 18, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Canadian Dollar exchange rates as of October 18, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

CAD to USD in detail →

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Austin, TX Terrace 3,640 km ≈ 5 h nonstop flight

From you

Austin, TX
Terrace

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 Terrace: Cost of Living - Frequently Asked Questions

Terrace wins on cost – living expenses run 41% lower than in Austin, TX. Housing and daily spending are where you'll feel the difference most, making Terrace the obvious pick if budget is a priority.

Average pay runs 65% higher in Austin, TX, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,907 in Austin, TX versus $992 in Terrace. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $2,663 per month in Austin, TX versus $1,887 in Terrace – a 41% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Terrace runs roughly 33% less than in Austin, TX. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $1,887 in Terrace versus $2,663 in Austin, TX, a $2,000 budget is realistic in Terrace but tight or insufficient in Austin, TX. The gap between the two cities makes Terrace the clear choice for anyone on this budget.

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.

Expats usually find Terrace gentler on the wallet – expenses run 41% less than in Austin, TX. Beyond cost, consider language, visa policies, and how big the international community is in each city.