Boston vs. Austin: Cost of Living, Economy, and Things to Do

downtown Boston from the harbor

These capital cities have unique characteristics and features that set them apart. Austin is a youthful city with plenty of opportunities to carve out a life filled with live music, outdoor recreation, and college sports. In contrast, the capital city of Boston offers its residents a lifestyle rooted in historical significance. The landmarks, landscape, and sports culture continue to run deep in the city’s and its citizen’s culture. It’s time for these two capital cities to face off for the ultimate challenge. Let’s look at Boston vs. Austin and see which city walks away with the title.

Austin vs. Boston Quick Stats

Boston Stats

  • Population Density: 13,976.7 people per square mile
  • Median Household Income: $81,744
  • Unemployment: 3.2%
  • Median Age: 32 years old
  • Average Commute: 30.4 minutes
  • Average Home Value: $79,994

Austin Stats

  • Population Density: 3006.4 people per square mile
  • Median Household Income: $122,300
  • Unemployment: 3%
  • Median Age: 35 years old
  • Average Commute: 24 minutes
  • Median Home Value: $534.500

Size & Location

Boston Geography & Population

While the metro area of Boston is similar in size to Austin at 4,500 sq. miles, the population density in the metro area is nearly double. The entire Boston metro population is over 4.9 million people resulting in a significantly higher density. The historical northeast coast city is a desirable area with access to nearby New York, Cape Cod, Nantucket, and Martha’s Vineyard.

Austin Geography & Population

Compared to Boston, the inland city of Austin provides plenty of space for residents to spread out and enjoy backyards or the Texas farm lifestyle. In total, the metro region covers 4,300 sq. miles. While the extra space is certainly a positive, you can reach the Gulf of Mexico within a 3-hour drive and soak up as much fun in the sand as needed.

Things To Do in Boston vs. Austin

Boston Culture & Entertainment

While the city hosts a younger and more youthful demographic, the architecture, landmarks, and culture have an inherently rich history. That said, if you’re a history buff who happens to enjoy baseball, you may very well love living in Boston. The city offers opportunities to enjoy popular attractions such as

Austin Culture & Entertainment

Similar to Boston, the central Texas city of Austin also boasts a youthful demographic. The “Keep Austin Wierd” culture represents the diverse residents that call the dynamic city home. In addition, the Austin region provides bountiful outdoor recreation options, including hiking trails in the Texas Hill Country and water recreation at nearby Lake Travis and The Colorado River.

And we can’t forget to mention one of Austin’s main draws. The city is home to an incredibly abundant live music scene. With over 250 music venues, the city offers endless live music opportunities for visitors and residents.

 Industries & The State of Local Economy

Downtown Austin with view of Capitol building taken from South Congress Bridge

Boston Economy

The coastal city of Boston is the sixth-largest economy in the country and hosts an economy focused on healthcare, biotechnology, academia, and tourism. Due to its east coast location, the city thrives on shipping and trade and is the 12th largest economy in the world. In addition, the consolidation of colleges and hospital centers fuels the bustling economy.

Austin Economy

Austin’s economy has continued to thrive and most recently was ranked as the 13th best performing city among the top 50 metros. With the addition of new jobs, the unemployment rate has steadily declined in recent years. The capital city’s economy thrives on large technology, defense, and pharmaceutical industries. Paired with a bustling small business economy, Austin has a positive long-term economic outlook. If you’re looking to relocate or switch careers, Austin might be the place to do so.

Austin vs. Boston: Cost of Living Comparison

While both cities hold some stiff competition, one city, in particular, has a significant advantage when you look at the cost of living in Austin vs. Boston. The east coast city of Boston has a 51% higher cost of living than the central Texas city of Austin. Not only does Boston have higher median home values, but it also has higher food, utilities, transportation, and general day-to-day costs as well. The overall cost of living index for Boston is 153.4, while Austin is 129.4. So if you’re debating between the two cities and you are worried about a tight budget, you can count on Austin being a more affordable option.

How To Choose Between Austin vs. Boston?

Whether you are a huge baseball fan or prefer live music, both cities offer great opportunities and benefits. The decision can be difficult as you try to decide whether to move to Austin vs. Boston. Each city provides a different perspective and lifestyle opportunities. It all comes down to what qualities or characteristics you desire. Perhaps spending a weekend in one of the cities will give you the insights you need to make a decision. Either way, we hope you settle on the capital city that suits you best!

Life At Lakeside

While Boston holds some stiff competition, if you are seeking a relaxing Texas Hill Countryside lifestyle, check out our Lake Travis homes and builders. Contact us today for more info, and see what our Lake Travis community has to offer.

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