Austin pays better and costs considerably more to live in. If you are moving for a job, the housing number is the one that decides whether the move works.
Housing. This is the headline and it is not close. Average home prices run roughly $513,000 in Austin against $259,000 in Houston — close to double for comparable square footage. Average rent is about $1,765 against $1,549. Plenty of people move from a Houston house to an Austin condo for the same monthly payment, and the downsizing is worth planning into the move itself rather than discovering when the truck is loaded.
Income and jobs. Per-capita income is around $91,500 in Austin versus $62,900 in Houston, and unemployment runs lower, near 3.5% against 4.1%. Austin skews tech, state government and university; Houston skews energy, medical and port. The salary uplift is real, but it is largely what the housing market has already priced in.
Scale and traffic. Austin city proper is about 974,000 people to Houston’s 2.3 million, so it feels smaller — but it has fewer highway options, and I-35 through the centre is reliably worse than anything in Houston at the same hour. Austin does report a much lower crime index, 42.9 against 63.5.
Terrain. The one nobody warns you about. West Austin is genuine hill country: steep, winding, narrow streets and driveways that a full-size moving trailer cannot enter. If you are house-hunting out there, it is worth a photo of the street to your mover before you sign anything — it changes how the move is crewed and priced.
Practical note: if you are house-hunting in Austin while still living in Houston, your closing dates will not line up neatly. That is what storage in transit is for, and it is cheaper to plan for it than to discover it two weeks out.