Austin is 4% cheaper than The Woodlands.
When comparing Austin, TX and The Woodlands, TX, the overall cost of living indices are 134 and 139 respectively (national median = 100). Rent is $137/month cheaper in Austin, saving renters about $1,644/year.
Median household income is $49,892/year higher in The Woodlands. Home values also differ significantly — the median in Austin is $512,700 compared to $479,400 in The Woodlands.
Both cities share the same state tax structure since they are in Texas.
Austin vs The Woodlands — common questions
Other cost of living comparisons for Austin and The Woodlands