Cost of Living in Dallas, TX

Key Statistics

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Living in Dallas, TX — 2026 Cost of Living Guide

Dallas is moderately affordable compared to the national average, with an overall cost of living index of 96. This means living in Dallas is approximately 4% less expensive than the national average.

Housing Costs in Dallas

Housing costs are roughly in line with the national average. The housing index for Dallas is 95, which means housing costs are 5% below the national average. This includes both rental prices and home purchase costs in the metropolitan area.

Income and Employment

The median household income in Dallas is $56,831, with a population of approximately 1,343,573. The median household income is moderate, providing a reasonable standard of living relative to local costs.

Dallas boasts a thriving job market with strong opportunities across multiple industries, including technology, finance, and healthcare.

Daily Living Expenses

Beyond housing, daily expenses in Dallas are near the national average. Groceries and dining carry an index of 98, while transportation costs sit at 100. Healthcare expenses index at 98, and utilities come in at 101.

Taxes

One of the financial advantages of living in Dallas is the favorable tax environment. With a tax index of 85, residents pay significantly less in state and local taxes compared to the national average.

Quality of Life

Dallas enjoys generally pleasant weather, with seasonal variations that most residents find manageable.

Safety in Dallas is comparable to other cities of similar size, with some neighborhoods being safer than others.

Is Dallas a Good Place to Live?

Dallas provides a balanced combination of affordability and quality of life that appeals to a wide range of residents. With a thriving job market and good weather, Dallas continues to attract new residents drawn by the favorable cost of living.

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