AbraCalc

What Salary Do I Need in Austin to Match My NYC Income?

New York City has a much higher cost of living than Austin — calculate the equivalent Austin salary for your NYC income.

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How to use this tool

  1. Enter your current annual salary.
  2. Enter the cost-of-living index for your current city.
  3. Enter the cost-of-living index for the city you're considering.
  4. Read the equivalent salary, the dollar difference, and the percentage change in costs.

Relocating from New York to Austin could mean accepting a lower salary while maintaining the same purchasing power.

Frequently asked questions

How does the comparison work?
It scales your salary by the ratio of the two cities' cost-of-living indices. If the new city's index is 20% higher, you would need a 20% higher salary to maintain the same standard of living.
Where do cost-of-living indices come from?
Several sources publish them, weighting housing, groceries, transport, utilities and more against a baseline of 100. Use one consistent source so both cities are measured on the same scale.
Does this include taxes?
Basic cost-of-living indices usually exclude income taxes, which vary widely by state and city. For a fuller comparison, also compare after-tax take-home pay in each location.
Why might my personal result differ?
Indices reflect an average household's spending. If your mix differs — for example you rent in a pricey housing market — your real difference can be larger or smaller than the index suggests.