Housing costs in Dallas?
A typical home costs
$354,400, which is 4.8% more expensive than the national average of
$338,100 and 19.1% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Dallas costs
$1,170 per month, which is 8.6% cheaper than the national average of
$1,280 and 30.8% cheaper than the state average of
$1,530.
Can I afford Dallas?
To live comfortably in Dallas (zip 75247), Texas, a minimum annual income of
$68,040 for a family, and
$39,600 for a single person is recommended.
What does A.I. say about Dallas?
The cost of living in 75247 Dallas, TX is fairly high. According to the Cost of Living Index, it scores a 106.2 out of 100. This means that it is 6.2 percent more expensive than the national average. Housing costs in 75247 are particularly high, as the median home value is around $360,000. Other expenses, such as groceries and utilities, are also more expensive than the national averages by 6-7%. Despite this, there are still many affordable options available in the area for those on a budget.