Is $120,000 enough to live in Texas?

Short answer: Sophisticated, depending on lifestyle and city.

Monthly take-home

$7,739

Estimated baseline living cost: $2,600 – $5,300 per month for a single adult (U.S. average).

Annual take-home

$92,869

After taxes, a $120,000 salary in Texas results in approximately $92,869 per year, or about $7,739 per month.

Typical monthly cost breakdown in Texas

Rent & utilities

$2,000 – $2,800

Food & groceries

$500 – $700

Transportation

$300 – $600

Health & insurance

$300 – $500

👉 With this salary, living in Texas is sophisticated for a single adult.

How this salary feels in major cities

Austin

Est. monthly cost: $3,200

Sophisticated

Dallas

Est. monthly cost: $3,000

Sophisticated

Houston

Est. monthly cost: $2,900

Sophisticated

ElPaso

Est. monthly cost: $2,400

Sophisticated

These estimates assume a single filer using standard deductions and average living costs. Actual comfort depends heavily on city, housing choices, and personal spending habits.

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