Boston vs Austin: where does a electrical engineer save more?

Best for saving: Austin โ€” about $4,002/mo after taxes and living costs.

Boston
US
Austin
US
โ˜… Best for saving
Median salary$131,277$108,995
Take-home / mo$7,537$6,912
Income tax~31%~24%
Living costs / mo$3,920$2,910
Savings / mo$3,617$4,002
Savings rate48%58%
VerdictExcellentExcellent

Single professional, after-tax. "Savings" = take-home โˆ’ a baseline cost of living. A planning estimate, not financial advice.

How we calculated this

โ€ข Salary: BLS/OECD median for a electrical engineer, adjusted per city.

โ€ข Tax: each country's single-filer effective rate (e.g. US ~31%, US ~24%).

โ€ข Living costs: a single professional's baseline monthly budget per city.

Estimates, not financial or tax advice. Updated 2026.