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

Monthly Cost of Living

Monthly costs for one person with rent: $2,729 in Summit, NJ versus $2,659 in Austin, TX.

Estimated couple costs with rent: $4,069 in Summit, NJ versus $4,101 in Austin, TX.

Monthly costs for a family of three with rent: $5,409 in Summit, NJ versus $5,542 in Austin, TX.

Living in Summit, NJ is roughly 3% more expensive than Austin, TX, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Summit, NJ 104% above, Austin, TX 98% above.

Meal at Budget Restaurant

$19.67 $19.67

$19.63 $19.63

0.20%

Three-Course Dinner for Two, Mid-Range

$101 $101

$75.1 $75.1

34.89%

Fast Food Meal (McDonalds, etc)

$13.82 $13.82

$9.92 $9.92

39.31%

Cappuccino

$5.23 $5.23

$5.67 $5.67

-7.76%

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

$2.48 $2.48

$2.77 $2.77

-10.47%

Water (0.33 liter bottle)

$2.05 $2.05

$2.17 $2.17

-5.53%

Local Beer (0.5 liter draught)

$8.10 $8.10

$5.84 $5.84

38.70%

Imported Beer (0.33 liter bottle)

$8.11 $8.11

$7.77 $7.77

4.38%

Milk (1 liter)

$1.26 $1.26

$1.09 $1.09

15.60%

White Bread (500g)

$3.68 $3.68

$3.41 $3.41

7.92%

Rice (white) (1kg)

$5.27 $5.27

$3.43 $3.43

53.64%

Eggs

$4.11 $4.11

$4.39 $4.39

-6.38%

Local Cheese (1kg)

$25.74 $25.74

$11.95 $11.95

115.40%

Chicken Fillets (1kg)

$11.95 $11.95

$10.76 $10.76

11.06%

Beef Round Steak (1kg)

$17.30 $17.30

$14.29 $14.29

21.06%

Apples (1kg)

$7.19 $7.19

$4.84 $4.84

48.55%

Banana (1kg)

$1.80 $1.80

$1.55 $1.55

16.13%

Oranges (1kg)

$3.89 $3.89

$4.46 $4.46

-12.78%

Tomato (1kg)

$4.14 $4.14

$3.91 $3.91

5.88%

Potato (1kg)

$2.80 $2.80

$2.74 $2.74

2.19%

Onion (1kg)

$3.70 $3.70

$2.74 $2.74

35.04%

Lettuce (1 head)

$2.47 $2.47

$2.04 $2.04

21.08%

Water (1.5 liter bottle)

$2.67 $2.67

$2.25 $2.25

18.67%

Cigarettes 20 Pack (Marlboro, Camel)

$10.95 $10.95

$8.93 $8.93

22.62%

Wine (Bottle)

$15.23 $15.23

$14.85 $14.85

2.56%

Local Beer (0.5 liter bottle)

$1.76 $1.76

$2.35 $2.35

-25.11%

Imported Beer (0.33 liter bottle)

$6.42 $6.42

$3.57 $3.57

79.83%

One-way Ticket (Public Transport)

$1.97 $1.97

$1.47 $1.47

34.01%

Public Transport Monthly Pass (Regular Price)

$42.98 $42.98

Taxi Start (Normal Tariff)

$2.91 $2.91

$4.28 $4.28

-32.01%

Taxi (Normal Tariff) (1km)

$2.08 $2.08

$1.84 $1.84

13.04%

Taxi 1hour Waiting (Normal Tariff)

$24.07 $24.07

$35.54 $35.54

-32.27%

Gasoline (1 liter)

$0.86 $0.86

$0.72 $0.72

19.44%

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

$30.5K $30.5K

$25.7K $25.7K

18.71%

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

$25.2K $25.2K

$26.2K $26.2K

-3.75%

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

$178 $178

$174 $174

2.56%

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

$50.6 $50.6

$60.2 $60.2

-15.97%

Internet (50+ Mbps, Unlimited Data)

$55.4 $55.4

$66.3 $66.3

-16.42%

Gym Membership (Monthly)

$43.14 $43.14

$62.8 $62.8

-31.25%

Tennis Court (1 Hour on Weekend)

$9.83 $9.83

Cinema Ticket

$15.24 $15.24

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

$1,851 $1,851

$1,387 $1,387

33.48%

International Primary School, 1 Child (Yearly)

$23.9K $23.9K

$22.2K $22.2K

8.02%

Jeans (Levis 501 Or Similar)

$69.1 $69.1

$56.7 $56.7

21.86%

Summer Dress (H&M, Zara, etc)

$54.7 $54.7

$45.34 $45.34

20.60%

Sport Shoes (Adidas, Nike)

$76.2 $76.2

$86.5 $86.5

-11.88%

Men's Leather Business Shoes

$134 $134

$119 $119

12.46%

1-bedroom Apartment, City Center (Monthly)

$2,718 $2,718

$2,247 $2,247

20.94%

1-bedroom Apartment, Outside City Center (Monthly)

$1,337 $1,337

$1,430 $1,430

-6.56%

3-bedroom Apartment, City Center (Monthly)

$5,508 $5,508

$3,778 $3,778

45.81%

3-bedroom Apartment, Outside City Center (Monthly)

$2,204 $2,204

$2,641 $2,641

-16.53%

Buy Apartment in City Center (m2)

$2,600 $2,600

$7,044 $7,044

-63.09%

Buy Apartment Outside City Center (m2)

$2,355 $2,355

$3,162 $3,162

-25.51%

Average Monthly Net Salary (After Tax)

$5,108 $5,108

20-Year Fixed Mortgage Interest Rate (Annual %)

6.55

6.45

1.55%

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

Last update for Summit, NJ: May 30, 2026

Last update for Austin, TX: May 31, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $2,718 in Summit, NJ and $2,247 in Austin, TX. Housing cost is often the main lever when comparing two cities.

Dining out: $101 in Summit, NJ vs $75.0 in Austin, TX for a mid-range dinner for two. Groceries echo the gap at $468 vs $377 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

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

Austin, TX wins on cost – living expenses run 3% 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 $4,093 in Summit, NJ and $3,989 in Austin, TX 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: $2,718 in Summit, NJ versus $2,247 in Austin, TX. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $1,851 in Summit, NJ versus $1,387 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 $75.0 versus $101 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, Summit, NJ and Austin, TX 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 3% less than in Summit, NJ. Beyond cost, consider language, visa policies, and how big the international community is in each city.