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.