Housing costs in Dallas?
A typical home costs
$343,400, which is 1.6% more expensive than the national average of
$338,100 and 15.4% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Dallas costs
$1,760 per month, which is 37.5% more than the national average of
$1,280 and 13.1% more than the state average of
$1,530.
Can I afford Dallas?
To live comfortably in Dallas (zip 75251), Texas, a minimum annual income of
$65,880 for a family, and
$59,600 for a single person is recommended.
What does A.I. say about Dallas?
The cost of living in 75251 Dallas, TX is quite high. The median home price in the area is $452,000, which is more than double the national average. Additionally, the median rental rate here is around $1,811 per month. The cost of utilities such as electricity and gas are also more expensive than what one would find in other areas due to increased demand for these services in the region. All of these factors combine to make 75251 Dallas, TX a more expensive place to live than many other parts of Texas or the US as a whole.