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Cost of Living Comparison 2026

๐Ÿ“ New Albany, IN โ€” ZIP-level rent data ยท COL adjusted from Louisville, KY area

$

Numbers update automatically as you type

You'd spend $1.6K/month more in Austin, TX

$150.0K in your current city equals $169.7K in Austin, TX

Rent data from HUD ZIP-level estimates ยท COL index from Louisville/Jefferson County, KY-IN area
Overall Cost
โ†‘ 21.9%
More expensive
Monthly Impact
$1,644
Extra cost
Annual Impact
$19.7K
Per year

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

New Albany, IN

Population:37K
Cost Index:100
Median Home:$226K

Austin, TX

Population:979K
Cost Index:122
Median Home:$558K

New Albany, IN

The Hoosier State

37K
Population
State Tax
Yes

Located in Indiana, this city has a population of 37K residents.

Austin, TX

The Lone Star State

979K
Population
State Tax
No Income Tax
Climate
Humid subtropical

Notable Facts

  • โ€ขLive music capital
  • โ€ขMajor tech hub
  • โ€ขSXSW festival city

Major Industries

TechnologyMusic IndustryEducationGovernment

Cost Breakdown by Category

Annual spending: New Albany, IN vs Austin, TX

๐Ÿ Housing
โ†‘ 60.2%
New Albany, IN
$1,800
Austin, TX
$2,885
Difference
$1,084
more
๐Ÿ“ฆOther
โ†‘ 16.6%
New Albany, IN
$1,493
Austin, TX
$1,741
Difference
$248
more
โšกAll Utilities
โ†‘ 20.2%
New Albany, IN
$450
Austin, TX
$541
Difference
$90.96
more
๐Ÿš—Transportation
โ†‘ 4.3%
New Albany, IN
$1,231
Austin, TX
$1,284
Difference
$53.09
more
๐ŸฅHealthcare
โ†‘ 7.8%
New Albany, IN
$546
Austin, TX
$589
Difference
$42.34
more
๐Ÿ›’Groceries
โ†‘ 3.2%
New Albany, IN
$929
Austin, TX
$959
Difference
$29.88
more

๐Ÿ›๏ธ Local Income Taxes

New Albany, IN: Floyd County Income Tax$2,430/yr (1.6%)

Austin, TX has no local income tax.

Local taxes are in addition to state income tax. Not all cities levy local income taxes.

๐Ÿ Rent Comparison

Studio
From$758
To$1,585
โ†‘ $827
1 Bed
From$822
To$1,685
โ†‘ $863
2 Bed
From$997
To$1,995
โ†‘ $998
3 Bed
From$1,277
To$2,525
โ†‘ $1,248
New Albany, INZIP-level data

1BR range: $1,030โ€“$1,030/mo

Austin, TXZIP-level data

1BR range: $1,490โ€“$2,350/mo

๐Ÿ’ก 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.

$6,450
Monthly in New Albany, IN
$7,998
Monthly in Austin, TX
$1,549
Difference

Home Values

New Albany
Austin
$226K
Median Value
$558K
โ†‘ +3.4%
YoY Change
โ†“ -5%
โ†‘ +36.8%
5-Year Change
โ†‘ +12.6%
$226K
Price Range
$272K - $1.26M

Homes in Austin are 147% more expensive than New Albany

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
โ†‘ $4.8K
Per year
Monthly Difference
$404
More take-home
Effective Rate Diff
3.2%
Rate difference

New Albany, IN

Federal Income Tax
Effective: 18.9%
$25.5K
Indiana State Tax
Effective: 3.2%
$4.8K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 27.9%
$41.9K
Take-Home Pay
$9,012/month
$108.1K

Austin, TX

Federal Income Tax
Effective: 18.9%
$25.5K
Texas State Tax
No state income tax
$0
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

New Albany, IN Tax Rates

Sales Tax:7.0%
Property Tax:0.9%

Austin, TX Tax Rates

Sales Tax:8.2%
Property Tax:1.8%

๐Ÿ’ก 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.

Environment

New Albany
Austin
50 Good
Air Quality
52 Moderate
50.8%
Good Air Days
42.6%
98 High
Climate Risk
98 High
๐ŸŒŠ๐ŸŒก๐ŸŒช
Top Hazards
๐ŸŒŠ๐ŸŒก๐ŸŒช
โ–ฒ+2.9ยฐF
2050 Outlook
โ–ฒ+2.5ยฐF
37 days
Heat Days >95ยฐF
98 days
โ–ฒ+2.9ยฐF
2050 Outlook
โ–ฒ+2.5ยฐF
37 days
Heat Days >95ยฐF
98 days

๐Ÿ’ฐ See how taxes change too โ€” compare take-home pay between Indiana and Texas on TaxTakeHome.com

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