Housing costs in Dallas?
A typical home costs
$242,000, which is 28.4% less expensive than the national average of
$338,100 and 18.7% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Dallas costs
$1,160 per month, which is 9.4% cheaper than the national average of
$1,280 and 31.9% cheaper than the state average of
$1,530.
Can I afford Dallas?
To live comfortably in Dallas (zip 75224), Texas, a minimum annual income of
$46,440 for a family, and
$39,200 for a single person is recommended.
What does A.I. say about Dallas?
The cost of living in 75224 Dallas, TX is relatively high compared to the national average. According to BestPlaces's Cost of Living Index, the overall cost of living index in 75224 is 91.29, which is 9.71 percent higher than the U.S average. The housing index in 75224 is 88.57, which is 12 percent higher than the U.S average and the groceries index is 103.26, which is 3.26 percent higher than the U.S average. In addition, transportation costs are high due to the city's reliance on cars for commuting and a lack of public transport options in some areas, making it necessary to own a car to move around freely in this area as well as having to pay for expensive parking fees when going downtown or visiting other parts of Dallas. All these factors contribute to make Dallas an expensive city to live in but also offer plenty of benefits due to its cultural heritage and entertainment opportunities making it worth living despite its rising costs