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Austin ranks among cities with highest cost of living in America

The I-35 corridor made it onto the list, with more than a 17% increase. (CC)

Over the last census period, Central Texas got a lot more expensive with one of the highest cost of living increases in the country.

According to a study published by air filter supplier Filterbuy, the Austin-Round Rock-Georgetown metro area ranked 12th highest change, with the San Antonio-New Braunfels area trailing not far behind in 14th place.

Measuring percent change in cost of living from 2010-2020, overall cost of living, cost of goods, cost of housing and cost of utilities, Dallas was the only large Texas city with a higher living increase than Austin in eighth place.

The I-35 corridor was plagued by a 17.4%-17.8% increase in cost of living over the past decade. For Austin, the increase was largely driven by skyrocketing housing and utility prices, which saw a 20.7% and 13.4% increase, respectively.

Cost of goods was the one category that decreased by 2.6%.

According to RentCafé the average rent in Austin is $1,690 for 865 square feet. Though Dallas experienced a higher change in cost of living, its average rent fell more than $200 lower at $1,423 for 848 square feet. Meanwhile, San Antonio is still the cheapest dwelling at an average of $1,192 for 858 square feet.

Toward the top of the list, Washington, Oregon, California, Florida, Colorado, Massachusetts and New Hampshire all experienced a higher increase than Austin.


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