Living The High Life In Austin, TX
If you had dreams of living in the heart of Texas, then consider making the move to Austin, TX! Located in the center of the state, Austin prides itself on having a small-town appeal with big city comforts. The city has a booming job market, an array of attractions for individuals of all ages, and the cost of living is surprisingly affordable, even for millionaires.
Why You Should Make The Move To Austin, TX
As the state capital of Texas and the 11th most populated city in the United States, Austin offers something for everybody. It boasts an unbeatable live music scene, one of the friendliest art communities in the US, and a picturesque park system for outdoor lovers. In addition to all the recreational activities, it also has excellent education resources, award-winning restaurants, and three professional sports teams.
Can Millionaires Afford To Live In Austin?
Absolutely! Even with its affluent downtown area, Austin maintains its affordability; Forbes named the city one of the most cost-effective places to live in the US. Millionaires often settle in West Austin, where the homes typically fall into the median price range of $800,000 to $1,200,000. However, there are plenty of luxury living options for those willing to pay a bit more.
Frequently Asked Questions
What is the cost of living in Austin?
The cost of living in Austin is lower than the nationwide average, making it one of the most affordable places to live in the country. The median home price is $354,000 while the median rental price is $1,300.
How do I get around in Austin?
Austin offers multiple ways to get around the city. It has an extensive bus system, rideshare services, a light rail line, and numerous bike share programs. There are also plans for an autonomous, on-demand rapid transit system in the works.
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