Cost Index: 102 · Average Cost

Cost of Living in Dallas

Median income in Dallas is $54,000/year ($4,500/month). Here is how to budget every dollar.

Average Rent in Dallas

$1,200

Studio

$1,400

1 Bedroom

$1,800

2 Bedrooms

Monthly Budget Breakdown: $4,500/month

How to allocate the median Dallas income of $54,000/year after taxes.

Housing

$1,400

31%

Food & Groceries

$450

10%

Transportation

$420

9%

Utilities

$200

4%

Healthcare

$225

5%

Entertainment

$270

6%

Personal & Other

$225

5%

Savings

$1,310

30%

Total

$4,500

100%

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Needs
$2,25050%
Wants
$1,35030%
Savings
$90020%
NeedsWantsSavings
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Affordable Neighborhoods in Dallas

1

Oak Cliff and Bishop Arts District are rapidly growing with affordable rents

2

Richardson and Plano in the northern suburbs offer excellent value for families

3

Deep Ellum has character but can be pricier — look at nearby Fair Park area

Money-Saving Tips for Dallas

$

No state income tax keeps your take-home pay higher

$

DART rail pass ($96/month) covers the entire metro light rail and bus system

$

Shop at Aldi, WinCo, or Fiesta Mart for budget-friendly groceries

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