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.

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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.

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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