Cost of Living in Dallas, TX

Dallas has a cost of living index of 102 (100 = national average), making it close to the national average. The median household income is $54,747 and the median home price is $340,000.

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Dallas at a Glance

Population

1,302,868

Cost of Living Index

102

Median Income

$54,747

Median Home Price

$340,000

Property Tax Rate

1.80%

Sales Tax Rate

8.25%

Rent Index

105

State

Texas

Living in Dallas

Dallas has a cost of living slightly above the national average. While housing at $340,000 is a significant expense, the area offers a balance between cost and quality of life.

The combined sales tax rate in Dallas is 8.25%, and the effective property tax rate is 1.80%. Property taxes are above the national average, which is an important consideration for homebuyers.

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