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Cost Advantage

Cost of Living
Compared to other major business centers, Austin is well known for offering affordable living. But that's understating the case. Austin is affordable compared not just to major business centers, but to the national average as well. The National Association of Realtors reports that the median home price in Austin was $163,800 in 2005 while the national median was $219,000.

Cost of Living Index, 1st Quarter 2006

Source: ACCRA.