Is Austin, TX cheaper than Addison, IL?

Based on cost of living data, Austin, TX is 5.2% more expensive than Addison, IL. This translates to spending an extra $393 per month.

What salary do I need in Austin, TX to live like I do in Addison, IL?

If you earn $150,000 in Addison, IL, you'd need approximately $154,717.14 in Austin, TX to maintain the same standard of living.

How does housing cost compare between Addison, IL and Austin, TX?

Housing in Austin, TX is 15.4% more expensive than in Addison, IL. For a two-bedroom apartment, rent is $1,995/month in Austin, TX compared to $1,208/month in Addison, IL.

How much can I save per month by moving from Addison, IL to Austin, TX?

Living in Austin, TX costs approximately $393 more per month than Addison, IL, or $4717 more per year, based on a $150,000 salary.

Addison, IL vs Austin, TX: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Addison, IL — ZIP-level rent data · COL adjusted from Chicago, IL area

Current salary in Addison, IL

Numbers update automatically as you type

You'd spend $393/month more in Austin, TX

$150.0K in your current city equals $154.7K in Austin, TX

Rent data from HUD ZIP-level estimates · COL index from Chicago-Naperville-Elgin, IL-IN-WI area

Overall Cost

↑ 5.2%

More expensive

Monthly Impact

$393

Extra cost

Annual Impact

$4.7K

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Addison, IL

Population:35K

Cost Index:100

Median Home:$357K

Austin, TX

Population:979K

Cost Index:105

Median Home:$558K

Addison, IL

The Prairie State

35K

Population

State Tax

Yes

Located in Illinois, this city has a population of 35K residents.

Austin, TX

The Lone Star State

979K

Population

State Tax

No Income Tax

Climate

Humid subtropical

Notable Facts

•Live music capital
•Major tech hub
•SXSW festival city

Major Industries

TechnologyMusic IndustryEducationGovernment

Cost Breakdown by Category

Annual spending: Addison, IL vs Austin, TX

Category	Addison, IL	Austin, TX	Difference	Change
🏠Housing	$2,499/mo	$2,885/mo	↑ $386more	15.4%
🚗Transportation	$1,521/mo	$1,284/mo	↓ $237less	15.6%
📦Other	$1,591/mo	$1,741/mo	↑ $150more	9.4%
⚡All Utilities	$494/mo	$541/mo	↑ $47.03more	9.5%
🏥Healthcare	$566/mo	$589/mo	↑ $22.65more	4.0%
🛒Groceries	$979/mo	$959/mo	↓ $20.04less	2.0%

🏠Housing

↑ 15.4%

Addison, IL

$2,499

Austin, TX

$2,885

Difference

$386

🚗Transportation

↓ 15.6%

Addison, IL

$1,521

Austin, TX

$1,284

Difference

$237

less

📦Other

↑ 9.4%

Addison, IL

$1,591

Austin, TX

$1,741

Difference

$150

⚡All Utilities

↑ 9.5%

Addison, IL

$494

Austin, TX

$541

Difference

$47.03

🏥Healthcare

↑ 4.0%

Addison, IL

$566

Austin, TX

$589

Difference

$22.65

🛒Groceries

↓ 2.0%

Addison, IL

$979

Austin, TX

$959

Difference

$20.04

less

🏠Rent Comparison

Studio

From$1,000

To$1,585

↑ $585

1 Bed

From$1,070

To$1,685

↑ $615

2 Bed

From$1,208

To$1,995

↑ $787

3 Bed

From$1,555

To$2,525

↑ $970

Addison, ILZIP-level data

1BR range: $1,390–$1,390/mo

Austin, TXZIP-level data

1BR range: $1,490–$2,350/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,650

Monthly in Addison, IL

$7,998

Monthly in Austin, TX

$348

Difference

Home Values

Addison

Austin

$357K

Median Value

$558K

↑ +4.2%

YoY Change

↓ -5%

↑ +30.7%

5-Year Change

↑ +12.6%

$357K

Price Range

$272K - $1.26M

Homes in Austin are 56% more expensive than Addison

Calculate payment - Addison Calculate payment - Austin

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $7.4K

Per year

Monthly Difference

$619

More take-home

Effective Rate Diff

4.9%

Rate difference

Addison, IL

Federal Income Tax

Effective: 18.9%

$25.5K

Illinois State Tax

Effective: 5.0%

$7.4K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.6%

$44.4K

Take-Home Pay

$8,797/month

$105.6K

Austin, TX

Federal Income Tax

Effective: 18.9%

$25.5K

Texas State Tax

No state income tax

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 24.7%

$37.0K

Take-Home Pay

$9,416/month

$113.0K

Additional Tax Information

Addison, IL Tax Rates

Sales Tax:8.8%

Property Tax:2.2%

Austin, TX Tax Rates

Sales Tax:8.2%

Property Tax:1.8%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.