Housing costs in Dallas?
A typical home costs
$373,000, which is 10.3% more expensive than the national average of
$338,100 and 25.3% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Dallas costs
$1,440 per month, which is 12.5% more than the national average of
$1,280 and 6.3% cheaper than the state average of
$1,530.
Can I afford Dallas?
To live comfortably in Dallas (zip 75231), Texas, a minimum annual income of
$71,640 for a family, and
$48,800 for a single person is recommended.
What does A.I. say about Dallas?
The cost of living in 75231 Dallas, TX is quite high. According to BestPlaces, the cost of living index in this zip code is 116.3, which is 16.3% higher than the national average. Housing costs are particularly high in this area, with an overall rent index of 110.1 and a particularly expensive apartment rent index of 144.2. Groceries and miscellaneous goods and services also tend to be more expensive than in other parts of Texas and the United States as a whole. All in all, living costs in 75231 Dallas, TX are significantly above average when compared to other areas of the country.