Cost of Living in Dallas, TX
2024 data from the Bureau of Economic Analysis
Cost Index
103.1
3.1% above avg
Housing Index
117.9
Median Income
$83,398
Median Rent
$1,409/mo
Cost Breakdown
Overall103.1 (+3.1%)
Housing117.9 (+17.9%)
Goods102.8 (+2.8%)
Utilities90.7 (-9.3%)
Other Services99.7 (-0.3%)
National average = 100
Income & Housing
Median Household Income
$83,398/year
Median Home Value
$299,000
Median Monthly Rent
$1,409/mo
Per Capita Income
$42,353/year
Compare Dallas, TX With
Frequently Asked Questions
Is Dallas, TX expensive to live in?
Dallas, TX has a cost of living index of 103.1, which is 3.1% above the national average.
How much does housing cost in Dallas, TX?
Housing costs in Dallas, TX are indexed at 117.9 compared to the national average of 100. The median monthly rent is $1,409.
What is the average income in Dallas, TX?
The median household income in Dallas, TX is $83,398 per year.
What is the average home price in Dallas, TX?
The median home value in Dallas, TX is $299,000.