Last update: Nov 2026

Cost of Living Comparison Between Red Bank, NJ and Austin, TX

For one person, living is cheaper in Red Bank, NJ: $2,542 a month against $2,689 in Austin, TX, rent and utilities included – about $1,800 less a year. Other living expenses account for most of the difference.

122

Cost of Living Index in Red Bank, NJ
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Red Bank, NJ Living Index
128

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

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Red Bank, NJ

🇺🇸 United States

$2,542

/mo nomad

Austin, TX

🇺🇸 United States

$2,689

/mo nomad

Monthly Cost of Living

How much you'll spend in Red Bank, NJ 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 Red Bank, NJ and in Austin, TX actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,542 in Red Bank, NJ versus $2,689 in Austin, TX.

Red Bank, NJ $2,542
Austin, TX $2,689

Estimated couple costs with rent: $3,610 in Red Bank, NJ versus $4,112 in Austin, TX.

Red Bank, NJ $3,610
Austin, TX $4,112

Monthly costs for a family of three with rent: $4,679 in Red Bank, NJ versus $5,534 in Austin, TX.

Red Bank, NJ $4,679
Austin, TX $5,534

Living in Red Bank, NJ costs roughly 5% less than in Austin, TX, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Red Bank, NJ 88% above, Austin, TX 99% above.

Meal at Budget Restaurant

$19.67 $19.67

$21.34 $21.34

-7.83%

Three-Course Dinner for Two, Mid-Range

$73.6 $73.6

$87.9 $87.9

-16.24%

Fast Food Meal (McDonalds, etc)

$9.73 $9.73

$12.44 $12.44

-21.78%

Cappuccino

$5.06 $5.06

$5.60 $5.60

-9.64%

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

$2.39 $2.39

$3.65 $3.65

-34.52%

Water (0.33 liter bottle)

$2.10 $2.10

$2.39 $2.39

-12.13%

Local Beer (0.5 liter draught)

$4.12 $4.12

$7.82 $7.82

-47.31%

Imported Beer (0.33 liter bottle)

$4.96 $4.96

$8.75 $8.75

-43.31%

Milk (1 liter)

$1.05 $1.05

$1.12 $1.12

-6.25%

White Bread (500g)

$4.52 $4.52

$3.62 $3.62

24.86%

Rice (white) (1kg)

$4.41 $4.41

$3.50 $3.50

26.00%

Eggs

$6.47 $6.47

$4.45 $4.45

45.39%

Local Cheese (1kg)

$10.49 $10.49

$13.18 $13.18

-20.41%

Chicken Fillets (1kg)

$10.81 $10.81

$13.94 $13.94

-22.45%

Beef Round Steak (1kg)

$19.35 $19.35

$16.46 $16.46

17.56%

Apples (1kg)

$5.44 $5.44

$4.73 $4.73

15.01%

Banana (1kg)

$1.62 $1.62

$1.50 $1.50

8.00%

Oranges (1kg)

$3.25 $3.25

$4.64 $4.64

-29.96%

Tomato (1kg)

$3.12 $3.12

$4.52 $4.52

-30.97%

Potato (1kg)

$2.15 $2.15

$2.55 $2.55

-15.69%

Onion (1kg)

$2.45 $2.45

$2.39 $2.39

2.51%

Lettuce (1 head)

$2.76 $2.76

$1.84 $1.84

50.00%

Water (1.5 liter bottle)

$2.98 $2.98

$2.13 $2.13

39.91%

Cigarettes 20 Pack (Marlboro, Camel)

$13.74 $13.74

$10.05 $10.05

36.72%

Wine (Bottle)

$17.19 $17.19

$14.88 $14.88

15.52%

Local Beer (0.5 liter bottle)

$1.91 $1.91

$2.82 $2.82

-32.27%

Imported Beer (0.33 liter bottle)

$2.74 $2.74

$3.29 $3.29

-16.72%

One-way Ticket (Public Transport)

$2.12 $2.12

$1.23 $1.23

72.36%

Public Transport Monthly Pass (Regular Price)

$54.8 $54.8

$41.43 $41.43

32.30%

Taxi Start (Normal Tariff)

$3.66 $3.66

$2.68 $2.68

36.57%

Taxi (Normal Tariff) (1km)

$2.21 $2.21

$1.63 $1.63

35.58%

Taxi 1hour Waiting (Normal Tariff)

$48.20 $48.20

$35.20 $35.20

36.93%

Gasoline (1 liter)

$1.08 $1.08

$0.98 $0.98

10.20%

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

$27.9K $27.9K

$34.4K $34.4K

-18.84%

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

$26.9K $26.9K

$26.8K $26.8K

0.48%

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

$199 $199

$252 $252

-21.11%

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

$36.53 $36.53

$59.8 $59.8

-38.95%

Internet (50+ Mbps, Unlimited Data)

$62.5 $62.5

$69.7 $69.7

-10.32%

Gym Membership (Monthly)

$39.23 $39.23

$60.4 $60.4

-35.01%

Tennis Court (1 Hour on Weekend)

$18.14 $18.14

Cinema Ticket

$12.28 $12.28

$13.75 $13.75

-10.69%

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

$2,168 $2,168

$1,458 $1,458

48.67%

International Primary School, 1 Child (Yearly)

$34.9K $34.9K

$26.6K $26.6K

31.44%

Jeans (Levis 501 Or Similar)

$38.73 $38.73

$52.6 $52.6

-26.42%

Summer Dress (H&M, Zara, etc)

$16.63 $16.63

$45.76 $45.76

-63.66%

Sport Shoes (Adidas, Nike)

$98.1 $98.1

$85.5 $85.5

14.81%

Men's Leather Business Shoes

$129 $129

$106 $106

21.47%

1-bedroom Apartment, City Center (Monthly)

$1,552 $1,552

$2,195 $2,195

-29.30%

1-bedroom Apartment, Outside City Center (Monthly)

$1,263 $1,263

$1,269 $1,269

-0.44%

3-bedroom Apartment, City Center (Monthly)

$2,421 $2,421

$4,000 $4,000

-39.47%

3-bedroom Apartment, Outside City Center (Monthly)

$1,853 $1,853

$2,406 $2,406

-22.99%

Buy Apartment in City Center (m2)

$2,624 $2,624

$7,381 $7,381

-64.45%

Buy Apartment Outside City Center (m2)

$2,427 $2,427

$2,964 $2,964

-18.13%

Average Monthly Net Salary (After Tax)

$4,573 $4,573

$5,043 $5,043

-9.31%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.5

6.82

-4.69%

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

Last update for Red Bank, NJ: November 3, 2026

Last update for Austin, TX: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Red Bank, NJ

$1.3K 49.7%

Austin, TX

$1.3K 47.2% 0.4% $5.6

Groceries & Markets

Red Bank, NJ

$416 16.4%

Austin, TX

$407 15.2% 2.1% $8.5

Monthly Utilities & Internet

Red Bank, NJ

$298 11.7%

Austin, TX

$382 14.2% 28.1% $84

Eating Out

Red Bank, NJ

$296 11.6%

Austin, TX

$356 13.2% 20.4% $60

Clothing & Footwear

Red Bank, NJ

$127 5%

Austin, TX

$130 4.9% 2.7% $3.5

Getting Around

Red Bank, NJ

$78 3.1%

Austin, TX

$57 2.1% 26.7% $21

Sport & Entertainment

Red Bank, NJ

$64 2.5%

Austin, TX

$88 3.3% 37.7% $24

Cost Breakdown

A one-bedroom apartment in the center runs $1,552 in Red Bank, NJ and $2,195 in Austin, TX. Housing cost is often the main lever when comparing two cities.

Austin, TX pays 10% more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $74 in Red Bank, NJ vs $88 in Austin, TX. Groceries flip the comparison at $416 vs $407, with Austin, TX cheaper for home cooking.

Good to know

🇺🇸 Red Bank, NJ

🇺🇸 Austin, TX

🕒 Local time

04:45 4:45 AM

03:45 3:45 AM

1 h behind Red Bank, NJ

🌤 Weather

👥 Population

11,850

974,447

💱 Currency

United States Dollar USD $

📈 Exchange rate

1 USD = 0.89 EUR

Exchange rates and currency converter

On the map

Lowest

Highest

Between locations

Red Bank, NJ Austin, TX 2,410 km ≈ 3 h 30 min nonstop flight

From you

Red Bank, NJ
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

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

Red Bank, NJ wins on cost – living expenses run 5% lower than in Austin, TX. Housing and daily spending are where you’ll feel the difference most, making Red Bank, NJ the obvious pick if budget is a priority.

On paper, salaries run 9% lower in Red Bank, NJ. That’s worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,552 in Red Bank, NJ versus $2,195 in Austin, TX. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $2,168 in Red Bank, NJ versus $1,458 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 Red Bank, NJ – a meal for two runs $74 versus $88 in Austin, TX. If you eat out regularly, this makes a real dent in your monthly spending.

Either city works on $3,000 a month, though Red Bank, NJ gives you more room to save. At this income level, the choice is more about lifestyle than financial pressure.

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 – Red Bank, NJ wins on affordability, Austin, TX on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.