Last update: Oct 2026

Cost of Living Comparison Between Parker, CO and Austin, TX

For one person, living costs are similar in Parker, CO and in Austin, TX: $2,615 and $2,607 a month, rent and utilities included.

125

Cost of Living Index in Parker, CO
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Parker, CO Living Index
125

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

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Parker, CO

🇺🇸 United States

$2,615

/mo nomad

Austin, TX

🇺🇸 United States

$2,607

/mo nomad

Monthly Cost of Living

How much you'll spend in Parker, CO and in Austin, TX

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

Monthly costs for one person with rent: $2,615 in Parker, CO versus $2,607 in Austin, TX.

Parker, CO $2,615
Austin, TX $2,607

Estimated couple costs with rent: $3,880 in Parker, CO versus $4,031 in Austin, TX.

Parker, CO $3,880
Austin, TX $4,031

Monthly costs for a family of three with rent: $5,144 in Parker, CO versus $5,454 in Austin, TX.

Parker, CO $5,144
Austin, TX $5,454

Monthly costs are close between Parker, CO and Austin, TX; which city is cheaper depends on the spending category.

Both cities are pricier than the global median: Parker, CO 92% above, Austin, TX 92% above.

Meal at Budget Restaurant

$20.03 $20.03

$20.35 $20.35

-1.57%

Three-Course Dinner for Two, Mid-Range

$79.0 $79.0

$84.7 $84.7

-6.73%

Fast Food Meal (McDonalds, etc)

$11.08 $11.08

$12.12 $12.12

-8.58%

Cappuccino

$5.75 $5.75

$5.65 $5.65

1.77%

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

$2.53 $2.53

$3.68 $3.68

-31.25%

Water (0.33 liter bottle)

$2.06 $2.06

$2.36 $2.36

-12.71%

Local Beer (0.5 liter draught)

$5.92 $5.92

$7.87 $7.87

-24.78%

Imported Beer (0.33 liter bottle)

$7.05 $7.05

$8.82 $8.82

-20.07%

Milk (1 liter)

$0.88 $0.88

$1.14 $1.14

-22.81%

White Bread (500g)

$2.92 $2.92

$3.69 $3.69

-20.87%

Rice (white) (1kg)

$2.78 $2.78

$3.31 $3.31

-16.01%

Eggs

$4.33 $4.33

$4.15 $4.15

4.34%

Local Cheese (1kg)

$8.62 $8.62

$12.98 $12.98

-33.59%

Chicken Fillets (1kg)

$9.52 $9.52

$13.86 $13.86

-31.31%

Beef Round Steak (1kg)

$15.37 $15.37

$16.34 $16.34

-5.94%

Apples (1kg)

$4.84 $4.84

$4.69 $4.69

3.20%

Banana (1kg)

$1.24 $1.24

$1.45 $1.45

-14.48%

Oranges (1kg)

$4.66 $4.66

$5.11 $5.11

-8.81%

Tomato (1kg)

$5.31 $5.31

$4.52 $4.52

17.48%

Potato (1kg)

$1.60 $1.60

$3.08 $3.08

-48.05%

Onion (1kg)

$2.38 $2.38

Lettuce (1 head)

$1.93 $1.93

$1.80 $1.80

7.22%

Water (1.5 liter bottle)

$1.71 $1.71

$2.22 $2.22

-22.97%

Cigarettes 20 Pack (Marlboro, Camel)

$10.32 $10.32

$9.97 $9.97

3.51%

Wine (Bottle)

$15.02 $15.02

$15.05 $15.05

-0.20%

Local Beer (0.5 liter bottle)

$2.52 $2.52

$2.91 $2.91

-13.40%

Imported Beer (0.33 liter bottle)

$2.61 $2.61

$3.33 $3.33

-21.62%

One-way Ticket (Public Transport)

$1.22 $1.22

Public Transport Monthly Pass (Regular Price)

$40.53 $40.53

Taxi Start (Normal Tariff)

$2.44 $2.44

$2.78 $2.78

-12.23%

Taxi (Normal Tariff) (1km)

$1.83 $1.83

$1.65 $1.65

10.91%

Taxi 1hour Waiting (Normal Tariff)

$24.58 $24.58

$35.39 $35.39

-30.55%

Gasoline (1 liter)

$0.85 $0.85

$0.95 $0.95

-10.53%

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

$28.5K $28.5K

$34.2K $34.2K

-16.65%

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

$25.3K $25.3K

$26.8K $26.8K

-5.37%

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

$215 $215

$223 $223

-3.62%

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

$56.9 $56.9

$58.5 $58.5

-2.63%

Internet (50+ Mbps, Unlimited Data)

$70.3 $70.3

$71.2 $71.2

-1.25%

Gym Membership (Monthly)

$64.1 $64.1

$53.0 $53.0

20.85%

Tennis Court (1 Hour on Weekend)

$16.75 $16.75

Cinema Ticket

$10.80 $10.80

$14.06 $14.06

-23.19%

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

$1,111 $1,111

$1,459 $1,459

-23.86%

International Primary School, 1 Child (Yearly)

$12.6K $12.6K

$21.3K $21.3K

-41.12%

Jeans (Levis 501 Or Similar)

$58.4 $58.4

$52.5 $52.5

11.20%

Summer Dress (H&M, Zara, etc)

$40.31 $40.31

$42.75 $42.75

-5.71%

Sport Shoes (Adidas, Nike)

$79.9 $79.9

$86.4 $86.4

-7.53%

Men's Leather Business Shoes

$115 $115

$104 $104

11.18%

1-bedroom Apartment, City Center (Monthly)

$1,599 $1,599

$2,112 $2,112

-24.27%

1-bedroom Apartment, Outside City Center (Monthly)

$1,370 $1,370

$1,230 $1,230

11.36%

3-bedroom Apartment, City Center (Monthly)

$2,662 $2,662

$3,863 $3,863

-31.08%

3-bedroom Apartment, Outside City Center (Monthly)

$2,407 $2,407

-0.01%

Buy Apartment in City Center (m2)

$3,474 $3,474

$7,426 $7,426

-53.22%

Buy Apartment Outside City Center (m2)

$3,104 $3,104

$3,060 $3,060

1.42%

Average Monthly Net Salary (After Tax)

$6,415 $6,415

$5,179 $5,179

23.86%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.38

6.82

-6.45%

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

Last update for Parker, CO: October 24, 2026

Last update for Austin, TX: October 26, 2026

Monthly budget structure

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

Accommodation & Living

Parker, CO

$1.4K 52.4%

Austin, TX

$1.2K 47.2% 10.2% $140

Groceries & Markets

Parker, CO

$348 13.3%

Austin, TX

$410 15.7% 17.6% $61

Monthly Utilities & Internet

Parker, CO

$342 13.1%

Austin, TX

$353 13.5% 3.1% $11

Eating Out

Parker, CO

$325 12.4%

Austin, TX

$348 13.4% 7.3% $24

Clothing & Footwear

Parker, CO

$132 5.1%

Austin, TX

$128 4.9% 2.9% $3.8

Sport & Entertainment

Parker, CO

$86 3.3%

Austin, TX

$81 3.1% 5.3% $4.5

Getting Around

Parker, CO

$12 * 0.4%

Austin, TX

$56 2.2% 387% $45

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 $1,599 in Parker, CO and $2,112 in Austin, TX. Housing cost is often the main lever when comparing two cities.

Parker, CO pays 24% more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $79 in Parker, CO vs $85 in Austin, TX for a mid-range dinner for two. Groceries echo the gap at $348 vs $410 per month, with Parker, CO cheaper across the board.

Good to know

🇺🇸 Parker, CO

🇺🇸 Austin, TX

🕒 Local time

07:32 7:32 AM

08:32 8:32 AM

1 h ahead of Parker, CO

🌤 Weather

👥 Population

49,550

974,447

💱 Currency

United States Dollar USD $

📈 Exchange rate

1 USD = 0.899 EUR

Exchange rates and currency converter

On the map

Lowest

Highest

Between locations

Parker, CO Austin, TX 1,210 km ≈ 2 h nonstop flight

From you

Parker, CO
Austin, TX

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

Parker, CO vs Austin, TX: Cost of Living - Frequently Asked Questions

Average pay runs 24% higher in Parker, CO, 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: $1,599 in Parker, CO versus $2,112 in Austin, TX. Housing is usually the single largest factor when comparing overall living costs between the two.

Shoppers in Parker, CO pay roughly 15% less for everyday groceries. It’s an unusual reversal that partly offsets higher costs elsewhere.

Dining out is cheaper in Parker, CO – a meal for two runs $79 versus $85 in Austin, TX. 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.

It comes down to priorities – Austin, TX wins on affordability, Parker, CO on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.