Housing costs in Dallas?
A typical home costs
$391,400, which is 15.8% more expensive than the national average of
$338,100 and 31.5% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Dallas costs
$1,480 per month, which is 15.6% more than the national average of
$1,280 and 3.4% cheaper than the state average of
$1,530.
Can I afford Dallas?
To live comfortably in Dallas (zip 75240), Texas, a minimum annual income of
$74,880 for a family, and
$50,000 for a single person is recommended.
What does A.I. say about Dallas?
The cost of living in 75240 Dallas, TX is higher than the national average. According to BestPlaces, the cost of living index in this area is 101.96, which is 1% higher than the U.S. average. Housing costs are significantly more expensive than the national average, with a cost of living index at 134.94 – 34% higher than the U.S. average. Other costs such as groceries, restaurants and utilities are also slightly more expensive in 75240 Dallas than elsewhere in the country. However, transportation costs remain close to the national average with an index score of 97.18 – 3% lower than the U.S. average overall.