Cost of Living in DeSoto, TX

Population 55,896 · 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

Most of DeSoto's cost indicators track within a reasonable band of national figures, with median household incomes near $83,256 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail. At 7.5%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 11 miles southeast of Grand Prairie, DeSoto falls within that metro's commuting orbit. Housing prices track closely with Grand Prairie's $272,000 median.

Cost Overview

Housing 93
Rent 112

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

About the Cost of Living in DeSoto

The median home value in DeSoto is $282,600 — 7% below the national median of $305,000. Median rent runs $1,478/month, 12% higher than the national median of $1,314/month. The median household income of $83,256/year is 12% higher than the US median of $74,580. The local unemployment rate is 7.5%, 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 77.1°F and lows of 56.8°F. Overall, DeSoto has a cost of living index of 101 versus the US average of 100, meaning it is 1% more expensive.

🏠 Housing

Median Home Value
$282,600
7% below avg
Zillow Home Value
$319,437
Zillow ZHVI
Median Rent
$1,478/mo
12% above avg
Zillow Rent
$1,820/mo
Zillow ZORI
Price-to-Rent Ratio
15.9x
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 70.5%
Renter-occupied 29.5%

💰 Estimated Monthly Budget

Rent median rent
$1,478
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,092/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
33.9 min
26% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
15.6%

Commute Mode

Drove alone
74.3%
Carpooled
8.0%
Public transit
0.5%
Walked
0.6%
Work from home
15.6%

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
$83,256
12% above avg
Per Capita Income
$39,972
Unemployment Rate
7.5%
56% above avg
Poverty Rate
7.3%
Labor Force Participation
68.7%

🎓 Education

Bachelor's degree+ 16.2%
Graduate degree 13.7%

👥 Demographics

Median Age 41.9
Male median age 39.1
Female median age 44.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
77.1°F
Avg Low
56.8°F
Annual Precip
37.7"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 576269768491969689796759
Low °F 384148556472757568584739
Precip" 2.552.573.573.704.343.871.911.802.954.542.783.08

💨 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 DeSoto, TX?

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

What is average rent in DeSoto, TX?

The median gross rent in DeSoto is $1,478 per month based on 2023 Census data.

What is the average home price in DeSoto?

The median home value in DeSoto is $282,600 according to Zillow and Census data.

What is the median income in DeSoto?

The median household income in DeSoto is $83,256 per year (2023 ACS 5-year estimates).

What is the sales tax in DeSoto, TX?

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

Is DeSoto, TX affordable?

DeSoto 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 DeSoto?

DeSoto has average high temperatures of 77.1°F and average lows of 56.8°F. Annual precipitation is 37.7". Data from NOAA 1991–2020 Climate Normals.

DeSoto at a Glance

Population
55,896
Median Income
$83,256
Home Value
$282,600
Median Rent
$1,478/mo
Unemployment
7.5%
Avg High Temp
77.1°F
Sales Tax
8.2%
View all cities in Texas →
🗺️ County data for Texas

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs