Cost of Living in Dallas

Texas · Population: 1,307,930 · Updated 2026

Average
Cost Index
103.1
100 = US avg
Median Income
$71K
Annual household
Median Rent
$1,472/mo
2-bedroom unit
Rent Burden
25%
Income to rent ratio
Cost Category Breakdown

Indexed to national average (100)

Housing86.6
Groceries343.1
Utilities100.0
Transportation290.5
Healthcare100.0
Economic Details
Median Home Value$321K
State Income TaxNone
Unemployment Rate3.6%
Est. Net Income$71K/yr
Affordability Score
98
out of 100
Above national average cost
Salary Converter for Dallas

See what salary you'd need in another city to match your purchasing power in Dallas.

$75,000

About Dallas

Dallas is a sprawling metropolis and economic powerhouse with a diverse job market spanning finance, tech, telecom, and manufacturing. No state income tax and relatively affordable housing make it a top destination.

Compare Nearby Cities

Explore More

Frequently Asked Questions

Is Dallas expensive?

Dallas has a cost of living index of 103.1, where 100 represents the national average. This is close to the national average.

What salary do you need to live comfortably in Dallas?

Based on a rent-to-income ratio of 30%, you'd need at least $58,880 to afford the median 2-bedroom apartment in Dallas and maintain basic expenses.

What is the median rent in Dallas?

The median 2-bedroom rent in Dallas is $1,472 per month, according to HUD Fair Market Rent data.