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Cost of living: Philadelphia, PA vs Austin, TX (2024)

Quick answer

Overall prices in the Philadelphia, PA metro were 102.6 vs 98.1 in Austin, TX in 2024 (US = 100), so Philadelphia is 4.6% more expensive than Austin; housing rents differ by 6% (113.1 vs 120.4). A $75,000 income in Philadelphia buys about what $71,718 buys in Austin, per BEA.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Price index (US = 100)PhiladelphiaAustinPhiladelphia vs Austin
All items102.698.1+4.6%
Goods96.893.8+3.3%
Housing (rents)113.1120.4-6.0%
Utilities114.482.0+39.4%
Other services103.196.2+7.1%
All items, 2008106.499.6+6.9%
$50,000 in Philadelphia equals in Austin$47,812
$100,000 in Philadelphia equals in Austin$95,624
$150,000 in Philadelphia equals in Austin$143,436

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Last updated 2026-10-16. Data only, not financial or tax advice.

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