Austin · $40,000 – $55,000 · high cost city

Savings rate in Austin on $40,000 – $55,000 — are you on track?

Earning $40,000 – $55,000 in Austin? Based on BLS Consumer Expenditure Survey 2023, people at this income level in United States typically save around 7% of gross income. Enter your actual costs below to see how you compare.

Compare income brackets:35k47k65k87k120k170k250k

Pre-set for Austin · $40,000 – $55,000 — adjust to your situation

Country
$47,500
$20,000$235,000$450,000+
$1,900/mo
$0$4,000$8,000+

Food, transport, subscriptions, going out — everything except rent

$1,750/mo
$0$3,750$7,500+

No signup required. Results are instant and private.

What 7% savings means in Austin

Using BLS Consumer Expenditure Survey 2023, people earning $40,000 – $55,000 in United States save around 7% of gross income on average. In Austin — a high cost city — housing costs typically run 7–20% of income, which puts real pressure on savings at lower income bands.

Minimum
7%
floor — not building
Expected
12%
mid-income benchmark
Strong
26%
top tier

Source: BLS Consumer Expenditure Survey 2023. Benchmarks shown for mid-income earners in United States.

← $30,000 – $40,000$55,000 – $75,000 →
See full cost breakdown for Austin →

Compare nearby cities

DenverChicagoAtlanta

Also in the Verdict suite

SalaryVerdict — Is your Austin salary competitive?SpendVerdict — Is your Austin rent too high?