Housing costs in Dallas?
A typical home costs
$726,900, which is 115.0% more expensive than the national average of
$338,100 and 144.3% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Dallas costs
$1,750 per month, which is 36.7% more than the national average of
$1,280 and 12.6% more than the state average of
$1,530.
Can I afford Dallas?
To live comfortably in Dallas (zip 75214), Texas, a minimum annual income of
$139,320 for a family, and
$59,200 for a single person is recommended.
What does A.I. say about Dallas?
The cost of living in 75214 Dallas, TX is higher than the national average. In fact, it is about 15.2% higher than the U.S. average. This is mainly due to high housing costs, which make up about 35.9% of the total cost of living. Other expenses such as food, transportation and healthcare also contribute to the high cost of living in 75214 Dallas, TX. Additionally, a sales tax rate of 8.25%, combined with income taxes ranging from 0-6% adds to overall living expenses in this area. Despite the high cost of living, 75214 Dallas, TX offers plenty of job opportunities and other amenities that make it an attractive place to live for many residents.