Housing costs in Dallas?
A typical home costs
$176,700, which is 47.7% less expensive than the national average of
$338,100 and 40.6% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Dallas costs
$1,090 per month, which is 14.8% cheaper than the national average of
$1,280 and 40.4% cheaper than the state average of
$1,530.
Can I afford Dallas?
To live comfortably in Dallas (zip 75216), Texas, a minimum annual income of
$33,840 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Dallas?
The cost of living in 75216 Dallas, TX is relatively high compared to the national average. The median home value in this zip code is $213,600, which is nearly double the national average. Furthermore, the median household income in this area is just over $55,000 annually. This income level is slightly lower than the national average. Additionally, rental costs are also higher than the national average with a one-bedroom apartment costing an average of $950 per month. Thus, living in 75216 Dallas can be quite expensive for those who don't have a steady income or access to discounted housing options.