Austin is 33% cheaper than Simi Valley.
When comparing Austin, TX and Simi Valley, CA, the overall cost of living indices are 134 and 200 respectively (national median = 100). Rent is $858/month cheaper in Austin, saving renters about $10,296/year.
Median household income is $26,242/year higher in Simi Valley. Home values also differ significantly — the median in Austin is $512,700 compared to $753,500 in Simi Valley.
Texas has no state income tax, giving Austin residents a significant tax advantage over California's 13.3% rate.
Austin vs Simi Valley — common questions
Other cost of living comparisons for Austin and Simi Valley