Is Austin, TX cheaper than Lake Oswego, OR?

Based on cost of living data, Austin, TX is 15.7% cheaper than Lake Oswego, OR. This translates to saving $1176 per month.

What salary do I need in Austin, TX to live like I do in Lake Oswego, OR?

If you earn $150,000 in Lake Oswego, OR, you'd need approximately $135,882.39 in Austin, TX to maintain the same standard of living.

How does housing cost compare between Lake Oswego, OR and Austin, TX?

Housing in Austin, TX is 27.5% cheaper than in Lake Oswego, OR. For a two-bedroom apartment, rent is $1,995/month in Austin, TX compared to $1,833/month in Lake Oswego, OR.

How much can I save per month by moving from Lake Oswego, OR to Austin, TX?

Moving from Lake Oswego, OR to Austin, TX could save you approximately $1176 per month, or $14118 per year, based on a $150,000 salary.

Lake Oswego, OR vs Austin, TX: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Lake Oswego, OR — ZIP-level rent data · COL adjusted from Portland, OR area

Current salary in Lake Oswego, OR

Numbers update automatically as you type

You'd save $1.2K/month moving to Austin, TX

$150.0K in your current city equals $135.9K in Austin, TX

Rent data from HUD ZIP-level estimates · COL index from Portland-Vancouver-Hillsboro, OR-WA area

Overall Cost

↓ 15.7%

Less expensive

Monthly Impact

$1,176

Savings

Annual Impact

$14.1K

Per year

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

Lake Oswego, OR

Population:40K

Cost Index:100

Median Home:$902K

Austin, TX

Population:979K

Cost Index:84

Median Home:$558K

Lake Oswego, OR

The Beaver State

40K

Population

State Tax

Yes

Located in Oregon, this city has a population of 40K 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: Lake Oswego, OR vs Austin, TX

Category	Lake Oswego, OR	Austin, TX	Difference	Change
🏠Housing	$3,978/mo	$2,885/mo	↓ $1,094less	27.5%
🚗Transportation	$1,617/mo	$1,284/mo	↓ $333less	20.6%
⚡All Utilities	$461/mo	$541/mo	↑ $80.12more	17.4%
🛒Groceries	$1,036/mo	$959/mo	↓ $77.19less	7.4%
📦Other	$1,809/mo	$1,741/mo	↓ $68.08less	3.8%
🏥Healthcare	$643/mo	$589/mo	↓ $54.05less	8.4%

🏠Housing

↓ 27.5%

Lake Oswego, OR

$3,978

Austin, TX

$2,885

Difference

$1,094

less

🚗Transportation

↓ 20.6%

Lake Oswego, OR

$1,617

Austin, TX

$1,284

Difference

$333

less

⚡All Utilities

↑ 17.4%

Lake Oswego, OR

$461

Austin, TX

$541

Difference

$80.12

🛒Groceries

↓ 7.4%

Lake Oswego, OR

$1,036

Austin, TX

$959

Difference

$77.19

less

📦Other

↓ 3.8%

Lake Oswego, OR

$1,809

Austin, TX

$1,741

Difference

$68.08

less

🏥Healthcare

↓ 8.4%

Lake Oswego, OR

$643

Austin, TX

$589

Difference

$54.05

less

🏠Rent Comparison

Studio

From$1,498

To$1,585

↑ $87.00

1 Bed

From$1,602

To$1,685

↑ $83.00

2 Bed

From$1,833

To$1,995

↑ $162

3 Bed

From$2,500

To$2,525

↑ $25.00

Lake Oswego, ORZIP-level data

1BR range: $1,990–$2,020/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.

$9,545

Monthly in Lake Oswego, OR

$7,998

Monthly in Austin, TX

$1,546

Difference

Home Values

Lake Oswego

Austin

$902K

Median Value

$558K

↑ +0.1%

YoY Change

↓ -5%

↑ +29.2%

5-Year Change

↑ +12.6%

$720K - $1.08M

Price Range

$272K - $1.26M

Homes in Austin are 38% less expensive than Lake Oswego

Calculate payment - Lake Oswego Calculate payment - Austin

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $15.5K

Per year

Monthly Difference

$1,293

More take-home

Effective Rate Diff

10.3%

Rate difference

Lake Oswego, OR

Federal Income Tax

Effective: 18.9%

$25.5K

Oregon State Tax

Effective: 10.3%

$15.5K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 35.0%

$52.5K

Take-Home Pay

$8,123/month

$97.5K

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

Lake Oswego, OR Tax Rates

Sales Tax:0.0%

Property Tax:0.9%

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.