Is Austin, TX cheaper than Franklin Square CDP, NY?

Based on cost of living data, Austin, TX is 30.2% cheaper than Franklin Square CDP, NY. This translates to saving $2266 per month.

What salary do I need in Austin, TX to live like I do in Franklin Square CDP, NY?

If you earn $150,000 in Franklin Square CDP, NY, you'd need approximately $122,813.558 in Austin, TX to maintain the same standard of living.

How does housing cost compare between Franklin Square CDP, NY and Austin, TX?

Housing in Austin, TX is 52.3% cheaper than in Franklin Square CDP, NY. For a two-bedroom apartment, rent is $1,995/month in Austin, TX compared to $3,136/month in Franklin Square CDP, NY.

How much can I save per month by moving from Franklin Square CDP, NY to Austin, TX?

Moving from Franklin Square CDP, NY to Austin, TX could save you approximately $2266 per month, or $27186 per year, based on a $150,000 salary.

Franklin Square CDP, NY vs Austin, TX: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Franklin Square CDP, NY — COL adjusted from New York, NY area + state data

Current salary in Franklin Square CDP, NY

Numbers update automatically as you type

You'd save $2.3K/month moving to Austin, TX

$150.0K in your current city equals $122.8K in Austin, TX

Rent data from HUD ZIP-level estimates · COL index from area

Overall Cost

↓ 30.2%

Less expensive

Monthly Impact

$2,266

Savings

Annual Impact

$27.2K

Per year

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

Franklin Square CDP, NY

Population:31K

Cost Index:100

Median Home:$1.05M

Austin, TX

Population:979K

Cost Index:70

Median Home:$558K

Franklin Square CDP, NY

The Empire State

31K

Population

State Tax

Yes

Located in New York, this city has a population of 31K 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: Franklin Square CDP, NY vs Austin, TX

Category	Franklin Square CDP, NY	Austin, TX	Difference	Change
🏠Housing	$6,047/mo	$2,885/mo	↓ $3,162less	52.3%
🛒Groceries	$1,092/mo	$959/mo	↓ $133less	12.2%
🚗Transportation	$1,408/mo	$1,284/mo	↓ $124less	8.8%
🏥Healthcare	$645/mo	$589/mo	↓ $55.98less	8.7%
📦Other	$1,787/mo	$1,741/mo	↓ $45.73less	2.6%
⚡All Utilities	$562/mo	$541/mo	↓ $21.37less	3.8%

🏠Housing

↓ 52.3%

Franklin Square CDP, NY

$6,047

Austin, TX

$2,885

Difference

$3,162

less

🛒Groceries

↓ 12.2%

Franklin Square CDP, NY

$1,092

Austin, TX

$959

Difference

$133

less

🚗Transportation

↓ 8.8%

Franklin Square CDP, NY

$1,408

Austin, TX

$1,284

Difference

$124

less

🏥Healthcare

↓ 8.7%

Franklin Square CDP, NY

$645

Austin, TX

$589

Difference

$55.98

less

📦Other

↓ 2.6%

Franklin Square CDP, NY

$1,787

Austin, TX

$1,741

Difference

$45.73

less

⚡All Utilities

↓ 3.8%

Franklin Square CDP, NY

$562

Austin, TX

$541

Difference

$21.37

less

🏠Rent Comparison

Studio

From$2,158

To$1,585

↓ $573

1 Bed

From$2,539

To$1,685

↓ $854

2 Bed

From$3,136

To$1,995

↓ $1,141

3 Bed

From$4,331

To$2,525

↓ $1,806

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.

$11,540

Monthly in Franklin Square CDP, NY

$7,998

Monthly in Austin, TX

$3,541

Difference

Home Values

Franklin Square CDP

Austin

Median Value

$558K

YoY Change

↓ -5%

5-Year Change

↑ +12.6%

Price Range

$272K - $1.26M

Calculate payment - Austin

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $9.5K

Per year

Monthly Difference

$795

More take-home

Effective Rate Diff

6.4%

Rate difference

Franklin Square CDP, NY

Federal Income Tax

Effective: 18.9%

$25.5K

New York State Tax

Effective: 6.4%

$9.5K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 31.0%

$46.6K

Take-Home Pay

$8,620/month

$103.4K

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

Franklin Square CDP, NY Tax Rates

Sales Tax:8.8%

Property Tax:1.2%

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.