Yeah, comparing with San Francisco/CA (massive income tax, possible wealth tax, absurd real estate, dysfunctional schools, etc) and Seattle (merely very expensive real estate, insane city council, famously unfriendly people, depressing weather, and possibly way more taxes and soon as our legislature can figure out how to get around them being unconstitutional)...
Austin is definitely still a good deal. Sure, the weather isn't as good as California (but better than southern Nevada), and the scenery isn't as pretty or geographically interesting as the Pacific Northwest (but better than Oklahoma), but there are jobs, a good university and Texas doesn't appear to have lobotomy patients as local government.