Cost of Living Comparison Between Key West, FL and Austin, TX Cost of Living Comparison Between Key West, FL and Austin, TX

Monthly Cost of Living

Monthly costs for one person with rent: $4,796 in Key West, FL versus $2,695 in Austin, TX.

Estimated couple costs with rent: $6,948 in Key West, FL versus $4,184 in Austin, TX.

Monthly costs for a family of three with rent: $9,100 in Key West, FL versus $5,674 in Austin, TX.

Living in Key West, FL is roughly 78% more expensive than in Austin, TX, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Key West, FL 249% above, Austin, TX 96% above.

Meal at Budget Restaurant

$21.66 $21.66

$19.82 $19.82

9.28%

Three-Course Dinner for Two, Mid-Range

$99.4 $99.4

$83.9 $83.9

18.43%

Fast Food Meal (McDonalds, etc)

$11.95 $11.95

$12.30 $12.30

-2.85%

Cappuccino

$4.64 $4.64

$5.48 $5.48

-15.33%

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

$2.35 $2.35

$3.72 $3.72

-36.83%

Water (0.33 liter bottle)

$1.91 $1.91

$2.36 $2.36

-19.07%

Local Beer (0.5 liter draught)

$5.84 $5.84

$7.76 $7.76

-24.74%

Imported Beer (0.33 liter bottle)

$6.82 $6.82

$9.14 $9.14

-25.38%

Milk (1 liter)

$1.04 $1.04

$1.13 $1.13

-7.96%

White Bread (500g)

$3.63 $3.63

$3.75 $3.75

-3.20%

Rice (white) (1kg)

$6.53 $6.53

$3.43 $3.43

90.38%

Eggs

$5.42 $5.42

$4.35 $4.35

24.60%

Local Cheese (1kg)

$11.36 $11.36

$13.14 $13.14

-13.55%

Chicken Fillets (1kg)

$13.41 $13.41

$14.39 $14.39

-6.81%

Beef Round Steak (1kg)

$24.19 $24.19

$17.20 $17.20

40.64%

Apples (1kg)

$4.81 $4.81

$4.49 $4.49

7.13%

Banana (1kg)

$1.96 $1.96

$1.44 $1.44

36.11%

Oranges (1kg)

$3.68 $3.68

$4.67 $4.67

-21.20%

Tomato (1kg)

$4.91 $4.91

$4.97 $4.97

-1.21%

Potato (1kg)

$6.21 $6.21

$3.00 $3.00

107.00%

Onion (1kg)

$3.36 $3.36

$2.69 $2.69

24.91%

Lettuce (1 head)

$3.57 $3.57

$1.85 $1.85

92.97%

Water (1.5 liter bottle)

$2.56 $2.56

$2.18 $2.18

17.43%

Cigarettes 20 Pack (Marlboro, Camel)

$8.05 $8.05

$9.45 $9.45

-14.81%

Wine (Bottle)

$13.81 $13.81

$15.11 $15.11

-8.60%

Local Beer (0.5 liter bottle)

$1.91 $1.91

$2.89 $2.89

-33.91%

Imported Beer (0.33 liter bottle)

$2.29 $2.29

$3.49 $3.49

-34.38%

One-way Ticket (Public Transport)

$3.91 $3.91

$1.64 $1.64

138.41%

Public Transport Monthly Pass (Regular Price)

$40.44 $40.44

Taxi Start (Normal Tariff)

$3.91 $3.91

$2.81 $2.81

39.15%

Taxi (Normal Tariff) (1km)

$3.20 $3.20

$1.58 $1.58

102.53%

Taxi 1hour Waiting (Normal Tariff)

$30.17 $30.17

$35.18 $35.18

-14.24%

Gasoline (1 liter)

$0.86 $0.86

$0.90 $0.90

-4.44%

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

$37.2K $37.2K

$35.9K $35.9K

3.58%

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

$25.2K $25.2K

$27.7K $27.7K

-8.89%

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

$212 $212

$222 $222

-4.68%

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

$53.8 $53.8

$58.3 $58.3

-7.62%

Internet (50+ Mbps, Unlimited Data)

$73.8 $73.8

$69.1 $69.1

6.88%

Gym Membership (Monthly)

$78.8 $78.8

$66.2 $66.2

19.14%

Tennis Court (1 Hour on Weekend)

$14.76 $14.76

Cinema Ticket

$13.86 $13.86

$13.78 $13.78

0.58%

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

$1,098 $1,098

$1,526 $1,526

-28.05%

International Primary School, 1 Child (Yearly)

$21.1K $21.1K

$21.2K $21.2K

-0.67%

Jeans (Levis 501 Or Similar)

$46.22 $46.22

$54.6 $54.6

-15.27%

Summer Dress (H&M, Zara, etc)

$41.63 $41.63

$44.01 $44.01

-5.41%

Sport Shoes (Adidas, Nike)

$71.2 $71.2

$89.7 $89.7

-20.64%

Men's Leather Business Shoes

$69.2 $69.2

$109 $109

-36.30%

1-bedroom Apartment, City Center (Monthly)

$3,438 $3,438

$1,942 $1,942

77.02%

1-bedroom Apartment, Outside City Center (Monthly)

$3,434 $3,434

$1,258 $1,258

172.90%

3-bedroom Apartment, City Center (Monthly)

$7,221 $7,221

$3,762 $3,762

91.94%

3-bedroom Apartment, Outside City Center (Monthly)

$5,980 $5,980

$2,592 $2,592

130.69%

Buy Apartment in City Center (m2)

$9,706 $9,706

$7,403 $7,403

31.10%

Buy Apartment Outside City Center (m2)

$9,672 $9,672

$3,203 $3,203

201.91%

Average Monthly Net Salary (After Tax)

$5,971 $5,971

$5,085 $5,085

17.43%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.07

6.44

-5.75%

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

Last update for Key West, FL: August 31, 2026

Last update for Austin, TX: August 31, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $3,438 in Key West, FL and $1,942 in Austin, TX. Housing cost is often the main lever when comparing two cities.

Key West, FL pays 17% 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: $99.0 in Key West, FL vs $84.0 in Austin, TX for a mid-range dinner for two. Groceries echo the gap at $455 vs $417 per month, with Austin, TX cheaper across the board.

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

Key West, FL vs Austin, TX: Cost of Living - Frequently Asked Questions

Austin, TX wins on cost – living expenses run 78% lower than in Key West, FL. Housing and daily spending are where you'll feel the difference most, making Austin, TX the obvious pick if budget is a priority.

Average pay runs 17% higher in Key West, FL, 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: $3,438 in Key West, FL versus $1,942 in Austin, TX. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $1,098 in Key West, FL versus $1,526 in Austin, TX. 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 $84.0 versus $99.0 in Key West, FL. 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.

Expats usually find Austin, TX gentler on the wallet – expenses run 78% less than in Key West, FL. Beyond cost, consider language, visa policies, and how big the international community is in each city.