Housing costs in Dallas?
A typical home costs
$880,000, which is 160.3% more expensive than the national average of
$338,100 and 195.7% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Dallas costs
$2,320 per month, which is 81.3% more than the national average of
$1,280 and 34.1% more than the state average of
$1,530.
Can I afford Dallas?
To live comfortably in Dallas (zip 75201), Texas, a minimum annual income of
$168,480 for a family, and
$78,400 for a single person is recommended.
What does A.I. say about Dallas?
The cost of living in 75201 Dallas, TX is relatively high compared to other areas of the country. In addition to the higher rental costs for homes and apartments, goods and services such as groceries, gasoline, health care, utilities, and transportation all cost more than average. Despite these higher costs, many people are drawn to 75201 Dallas for its unique culture and vibrancy. The area offers a variety of living options from urban apartments to suburban homes, as well as plenty of entertainment options in the form of restaurants, museums, galleries and nightlife. With an influx of new businesses opening in recent years, the cost of living in 75201 Dallas continues to rise but remains competitive with other large cities around the world.