Last update: Oct 2026

Cost of Living Comparison Between Terrace and Austin, TX

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.

91

Cost of Living Index in Terrace
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Terrace Living Index
130

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

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Terrace

🇨🇦 Canada

$1,887

/mo nomad

Austin, TX

🇺🇸 United States

$2,663

/mo nomad

Monthly Cost of Living

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

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

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

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

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

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

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

Living in Terrace costs roughly 29% less than in Austin, TX, and outside of rent the biggest gap is in eating out.

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

Meal at Budget Restaurant

$17.53 CA$24.78

$20.77 $20.77

-15.60%

Three-Course Dinner for Two, Mid-Range

$79.9 CA$113

$84.6 $84.6

-5.57%

Fast Food Meal (McDonalds, etc)

$9.87 CA$13.95

$12.32 $12.32

-19.89%

Cappuccino

$3.93 CA$5.55

$5.63 $5.63

-30.20%

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

$2.09 CA$2.95

$3.72 $3.72

-43.82%

Water (0.33 liter bottle)

$1.62 CA$2.29

$2.50 $2.50

-35.20%

Local Beer (0.5 liter draught)

$5.19 CA$7.34

$8.05 $8.05

-35.53%

Imported Beer (0.33 liter bottle)

$6.15 CA$8.69

$9.01 $9.01

-31.74%

Milk (1 liter)

$2.25 CA$3.19

$1.12 $1.12

100.89%

White Bread (500g)

$2.63 CA$3.72

$3.75 $3.75

-29.87%

Rice (white) (1kg)

$5.10 CA$7.21

$3.26 $3.26

56.44%

Eggs

$3.60 CA$5.10

$4.17 $4.17

-13.67%

Local Cheese (1kg)

$8.81 CA$12.45

$12.90 $12.90

-31.71%

Chicken Fillets (1kg)

$15.36 CA$21.71

$14.16 $14.16

8.47%

Beef Round Steak (1kg)

$13.51 CA$19.10

$16.22 $16.22

-16.71%

Apples (1kg)

$4.06 CA$5.73

$4.33 $4.33

-6.24%

Banana (1kg)

$1.21 CA$1.72

$1.46 $1.46

-17.12%

Oranges (1kg)

$2.99 CA$4.23

$4.51 $4.51

-33.70%

Tomato (1kg)

$3.67 CA$5.20

$4.34 $4.34

-15.44%

Potato (1kg)

$3.14 CA$4.44

$2.58 $2.58

21.71%

Onion (1kg)

$3.13 CA$4.43

$2.35 $2.35

33.19%

Lettuce (1 head)

$2.37 CA$3.36

$1.78 $1.78

33.15%

Water (1.5 liter bottle)

$1.01 CA$1.43

$2.22 $2.22

-54.50%

Cigarettes 20 Pack (Marlboro, Camel)

$11.27 CA$15.94

$9.88 $9.88

14.07%

Wine (Bottle)

$13.44 CA$18.99

$15.08 $15.08

-10.88%

Local Beer (0.5 liter bottle)

$2.09 CA$2.96

$2.92 $2.92

-28.42%

Imported Beer (0.33 liter bottle)

$1.78 CA$2.52

$3.46 $3.46

-48.55%

One-way Ticket (Public Transport)

$1.38 CA$1.95

$1.49 $1.49

-7.38%

Public Transport Monthly Pass (Regular Price)

$31.40 CA$44.40

$41.72 $41.72

-24.74%

Taxi Start (Normal Tariff)

$3.30 CA$4.66

$2.73 $2.73

20.88%

Taxi (Normal Tariff) (1km)

$1.50 CA$2.12

$1.66 $1.66

-9.64%

Taxi 1hour Waiting (Normal Tariff)

$20.03 CA$28.31

$35.30 $35.30

-43.26%

Gasoline (1 liter)

$1.22 CA$1.72

$0.95 $0.95

28.42%

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

$27.8K CA$39.3K

$36.0K $36.0K

-22.87%

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

$18.7K CA$26.5K

$27.1K $27.1K

-30.84%

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

$93.2 CA$132

$229 $229

-59.28%

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

$38.92 CA$55.0

$59.4 $59.4

-34.47%

Internet (50+ Mbps, Unlimited Data)

$58.3 CA$82.5

$69.9 $69.9

-16.55%

Gym Membership (Monthly)

$40.14 CA$56.7

$57.2 $57.2

-29.87%

Tennis Court (1 Hour on Weekend)

$16.45 CA$23.26

$16.33 $16.33

0.73%

Cinema Ticket

$8.91 CA$12.60

$14.28 $14.28

-37.61%

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

$733 CA$1,037

$1,506 $1,506

-51.30%

International Primary School, 1 Child (Yearly)

$13.4K CA$18.9K

$21.5K $21.5K

-37.55%

Jeans (Levis 501 Or Similar)

$36.65 CA$51.8

$52.8 $52.8

-30.60%

Summer Dress (H&M, Zara, etc)

$30.29 CA$42.82

$43.82 $43.82

-30.88%

Sport Shoes (Adidas, Nike)

$79.8 CA$113

$84.8 $84.8

-5.90%

Men's Leather Business Shoes

$104 CA$147

$103 $103

0.73%

1-bedroom Apartment, City Center (Monthly)

$992 CA$1,402

$1,907 $1,907

-48.01%

1-bedroom Apartment, Outside City Center (Monthly)

$845 CA$1,194

$1,274 $1,274

-33.69%

3-bedroom Apartment, City Center (Monthly)

$1,556 CA$2,200

$3,664 $3,664

-57.54%

3-bedroom Apartment, Outside City Center (Monthly)

$1,325 CA$1,874

$2,538 $2,538

-47.78%

Buy Apartment in City Center (m2)

$4,127 CA$5,835

$7,614 $7,614

-45.79%

Buy Apartment Outside City Center (m2)

$3,426 CA$4,843

$3,157 $3,157

8.50%

Average Monthly Net Salary (After Tax)

$3,096 CA$4,376

$5,121 $5,121

-39.55%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.05

6.79

-25.63%

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

Last update for Terrace: October 11, 2026

Last update for Austin, TX: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Terrace

$845 44.8%

Austin, TX

$1.3K 47.8% 50.8% $429

Groceries & Markets

Terrace

$364 19.3%

Austin, TX

$405 15.2% 11.3% $41

Eating Out

Terrace

$270 14.3%

Austin, TX

$354 13.3% 31.1% $84

Monthly Utilities & Internet

Terrace

$191 10.1%

Austin, TX

$358 13.5% 88.1% $168

Clothing & Footwear

Terrace

$113 6%

Austin, TX

$128 4.8% 13.5% $15

Sport & Entertainment

Terrace

$58 3.1%

Austin, TX

$86 3.2% 48% $28

Getting Around

Terrace

$48 2.5%

Austin, TX

$59 2.2% 23% $11

Cost Breakdown

A one-bedroom apartment in the center runs $992 in Terrace and $1,907 in Austin, TX. 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: $80.0 in Terrace vs $85.0 in Austin, TX for a mid-range dinner for two. Groceries echo the gap at $364 vs $405 per month, with Terrace cheaper across the board.

Good to know

🇨🇦 Terrace

🇺🇸 Austin, TX

🕒 Local time

05:20 5:20 AM

07:20 7:20 AM

2 h ahead of Terrace

🌤 Weather

👥 Population

19,443

974,447

💱 Currency

Canadian Dollar CAD $

United States Dollar USD $

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

1 USD = 0.89 EUR

Exchange rates and currency converter

USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

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).

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

USD to CAD in detail →

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Between locations

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

From you

Terrace
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

Terrace vs Austin, TX: 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.

On paper, salaries run 65% lower in Austin, TX. 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: $992 in Terrace versus $1,907 in Austin, TX. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $1,887 per month in Terrace versus $2,663 in Austin, TX – 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.