Austin is 26% more expensive than Paterson.
When comparing Austin, TX and Paterson, NJ, the overall cost of living indices are 134 and 106 respectively (national median = 100). Rent is $198/month cheaper in Paterson, saving renters about $2,376/year.
Median household income is $37,695/year higher in Austin. Home values also differ significantly — the median in Austin is $512,700 compared to $335,400 in Paterson.
Texas has no state income tax, giving Austin residents a significant tax advantage over New Jersey's 10.75% rate.
Austin vs Paterson — common questions
Other cost of living comparisons for Austin and Paterson