Housing costs in Dallas?
A typical home costs
$217,000, which is 35.8% less expensive than the national average of
$338,100 and 27.1% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Dallas costs
$1,320 per month, which is 3.1% more than the national average of
$1,280 and 15.9% cheaper than the state average of
$1,530.
Can I afford Dallas?
To live comfortably in Dallas (zip 75241), Texas, a minimum annual income of
$41,400 for a family, and
$44,800 for a single person is recommended.
What does A.I. say about Dallas?
The cost of living in 75241 Dallas, TX is quite high compared to other areas in the US. According to one recent survey, the median home price in this zip code is $206,600, which is nearly double the national average. The cost of groceries and healthcare services are also significantly higher than average. Renters will find that the median rent for a two bedroom apartment here is roughly $1,500 per month. In addition, taxes and utilities are more expensive than elsewhere, making it difficult for some residents to make ends meet financially.