Worldwide survey ranks Austin one of the most expensive cities to move to

If you have money, want to move somewhere hip and spend time stuck in traffic, then come on down to Austin! A study from online moving platform Movinga ranks Austin No. 25 on a list of most expensive cities to move to, which includes more cosmopolitan destinations such as New York, San Francisco and Tokyo.

The Austin skyline as seen looking east over the Mopac highway Wednesday morning as fog and mist rise over Lady Bird Lake April 20, 2016. (RALPH BARRERA/AMERICAN-STATESMAN)

The Austin skyline as seen looking east over the MoPac highway Wednesday morning as fog and mist rise over Lady Bird Lake April 20, 2016. (RALPH BARRERA/AMERICAN-STATESMAN)

The ranking is based on the first month’s moving costs, which Movinga places at $1,533.39 in Austin. That’s more than the cost for cities like Berlin, Germany and Vienna, Austria. Movinga says they calculated this figure from the average distance of a move, 155 miles for one person. It doesn’t get much better after that expensive honeymoon period, though. An average Austin-area monthly rent of $871.76 bumps Austin up to the 22nd most expensive place to live in the world on this list.

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If you’re now feeling antsy about moving here, don’t despair. Transportation around Austin only costs an average of about $40 a month, according to Movinga, which is less than the cost of getting around Lagos, Nigeria.

READ: Austin, San Antonio tie for No. 1 most overvalued housing market 

Honestly, driving to and from work everyday probably costs more than two $20 tabs for gas, but if you like to bike and walk to work everyday, then our guess is that $40 or less is totally doable.

[h/t CultureMap Austin]

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