Lake Dallas, TX Cost of Living


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Lake Dallas cost of living score
107.6
More expensive
7.6% higher
than the US average
14.2% higher
than the Texas average
Lake Dallas, Texas gets a BestPlaces Cost of Living score of 107.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.6% higher than the U.S. average and 14.2% higher than the average for Texas.

Lake Dallas, TX

Housing costs in Lake Dallas?
A typical home costs $335,500, which is 0.8% less expensive than the national average of $338,100 and 12.7% more expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Lake Dallas costs $1,700 per month, which is 18.9% more than the national average of $1,430 and 24.7% more than the state average of $1,280.

Can I afford Lake Dallas?
To live comfortably in Lake Dallas, Texas, a minimum annual income of $64,440 for a family, and $57,600 for a single person is recommended.

What does A.I. say about Lake Dallas?
The cost of living in Lake Dallas, TX is very affordable. The median home price is $133,000 and the median rental price is $1,058. This is significantly lower than the national average for both categories. Additionally, utilities are reasonably priced and groceries are generally cheaper than other cities in the area. All of this makes Lake Dallas a great place to live if you're looking for an affordable option.
   Cost of living score
     CategoriesLake DallasTexasUnited States
  107.694.2100.0
  10093.7100
  100.5100.0100.0
  98.083.5100.0
  $335,500$297,600$338,100
  100.5%99.2%100.0%
  104.5103.3100.0
  103.783.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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