10 Best College Towns in the US and the Cost To Live There
Austin, Texas, already wildly appealing thanks to its affordable cost of living and absence of state income tax, has another feather to add to its cap of reasons it’s worth living in. The home of the University of Texas recently took first place in a WalletHub ranking of the best college towns and cities in America.
See More: I’m a Realto — 5 Cities Retirees Are Moving To in 2025
Find Out: 4 Best US Mountain Towns To Buy Property in the Next 5 Years
Despite landing the No. 1 spot, Austin is the only city in Texas to rank within WalletHub’s top 10. Florida made up 30% of the top 10 with popular college cities Orlando, Tampa and Gainesville. While there wasn’t a specific mention of how much it costs to live in these 10 towns, GOBankingRates sourced Sperling’s BestPlaces to determine the monthly and annual costs for a single person.
Let’s see how much it would cost to live in the 10 college towns.
Austin, Texas
College: University of Texas
Cost of living per month for a single person: $4,900
% more expensive than the national average: 2.8%
Total for the year for a single person: $58,800
Read Next: If Interest Rates Are Going Down, What Will Mortgage Rates Look Like in 2025?
View More: 5 Cities Where Homes Will Be a Total Steal in 2 Years
Ann Arbor, Michigan
College: University of Michigan
Cost of living per month for a single person: $4,533
% less expensive than the national average: 4.9%
Total for the year for a single person: $54,000
Be Aware: 5 Housing Markets That Will Plummet in Value Before the End of 2025
Orlando, Florida
College: University of Southern Florida
Cost of living per month for a single person: $5,100
% more expensive than the national average: 7%
Total for the year for a single person: $61,200
Tampa, Florida
College: University of Tampa
Cost of living per month for a single person: $4,933
% more expensive than the national average: 3.5%
Total for the year for a single person: $59,200
Raleigh, North Carolina
College: North Carolina State University
Cost of living per month for a single person: $4,267
% less expensive than the national average: 10.5%
Total for the year for a single person: $51,200
Trending Now: 10 Housing Markets Buyers Are Flocking To as Rates Drop
Scottsdale, Arizona
College: Scottsdale Community College
Cost of living per month for a single person: $6,300
% more expensive than the national average: 32.2%
Total for the year for a single person: $75,600
Charlottesville, Virginia
College: University of Virginia
Cost of living per month for a single person: $4,100
% less expensive than the national average: 14%
Total for the year for a single person: $49,200
Tempe, Arizona
College: Arizona State University
Cost of living per month for a single person: $5,433
% more expensive than the national average: 14%
Total for the year for a single person: $65,200
Check Out: 5 Southern Cities Where You Can Buy a House for Under $100K
Gainesville, Florida
College: University of Florida
Cost of living per month for a single person: $3,233
% less expensive than the national average: 32.2%
Total for the year for a single person: $38,800
Atlanta
College: Georgia Tech
Cost of living per month for a single person: $5,133
% more expensive than the national average: 7.7%
Total for the year for a single person: $61,600
More From GOBankingRates
Costco, Walmart and Other Stores With Perks Retirees Need To Be Taking Advantage Of
8 Common Mistakes Retirees Make With Their Social Security Checks
The Trump Economy Begins: 4 Money Moves Retirees Should Make Before Inauguration Day
3 Things Retirees Should Sell To Build Their Retirement Savings
This article originally appeared on GOBankingRates.com: 10 Best College Towns in the US and the Cost To Live There