Cost of Living in Dallas, TX

Population 1,299,553 · Texas · Data vintage 2023

101
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

With a population over half a million, Dallas functions as the economic anchor for a much larger metropolitan region.

Cost Overview

Housing 97
Rent 107

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Dallas

The median home value in Dallas is $295,300 — 3% below the national median of $305,000. Median rent runs $1,403/month, 7% higher than the national median of $1,314/month. The median household income of $67,760/year is 9% lower than the US median of $74,580. The local unemployment rate is 4.9%, above the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 77.9°F and lows of 58.1°F, with about 1.7" of annual snowfall. Overall, Dallas has a cost of living index of 101 versus the US average of 100, meaning it is 1% more expensive.

🏠 Housing

Median Home Value
$295,300
3% below avg
Zillow Home Value
$305,522
Zillow ZHVI
Median Rent
$1,403/mo
7% above avg
Zillow Rent
$1,590/mo
Zillow ZORI
Price-to-Rent Ratio
17.5x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$766
1 BR
$811
2 BR
$981
3 BR
$1,307
4 BR
$1,509
Owner-occupied 42.4%
Renter-occupied 57.6%

💰 Estimated Monthly Budget

Rent median rent
$1,403
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,017/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
28.4 min
5% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
14.0%

Commute Mode

Drove alone
68.5%
Carpooled
11.4%
Public transit
2.3%
Walked
2.2%
Bicycle
0.2%
Work from home
14.0%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 8.2%
State rate 6.3%
Avg local rate 1.9%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$67,760
9% below avg
Per Capita Income
$44,138
Unemployment Rate
4.9%
2% above avg
Poverty Rate
17.2%
Labor Force Participation
68.8%

🎓 Education

Bachelor's degree+ 22.9%
Graduate degree 14.5%

👥 Demographics

Median Age 33.4
Male median age 33.2
Female median age 33.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
77.9°F
Avg Low
58.1°F
Annual Precip
38.3"
Annual Snowfall
1.7"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 586270778593979790806859
Low °F 384249576674787770594840
Precip" 2.592.783.453.154.573.831.712.193.104.792.933.23
Snow" 0.10.90.30.00.00.00.00.00.00.00.10.3

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 55 — Moderate
33.4%
Good air days/yr
172
Max AQI recorded
233
PM2.5 days
124
Ozone days

Frequently Asked Questions

What is the cost of living in Dallas, TX?

Dallas has a cost index of 101 (100 = national average). It is 1% above the national average.

What is average rent in Dallas, TX?

The median gross rent in Dallas is $1,403 per month based on 2023 Census data.

What is the average home price in Dallas?

The median home value in Dallas is $295,300 according to Zillow and Census data.

What is the median income in Dallas?

The median household income in Dallas is $67,760 per year (2023 ACS 5-year estimates).

What is the sales tax in Dallas, TX?

The combined state and local sales tax rate in Dallas is 8.2%. Texas has no state income tax.

Is Dallas, TX affordable?

Dallas is near the national average in terms of cost of living, with an index of 101 (100 = US average).

What is the weather like in Dallas?

Dallas has average high temperatures of 77.9°F and average lows of 58.1°F. Annual precipitation is 38.3". Average annual snowfall is 1.7". Data from NOAA 1991–2020 Climate Normals.