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Unveiling the Average Cost of Living in Dallas, Texas: Plan Your Move Wisely with Essential Insights

average cost of listing in dallas
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Welcome to Dallas, Texas – a vibrant city with a thriving economy and a unique mix of affordability and opportunity. As you consider making a move to “The Big D,” it’s essential to understand the many factors that contribute to the average cost of living in Dallas TX, from housing to groceries, education, and more.

In this guide, we’ll explore these aspects and offer insights to help you make an informed decision.

Short Summary

  • The average cost of living in Dallas, Texas is around $2,489 per month.
  • Shopping around for housing and insurance can help you save money on monthly costs.
  • Take advantage of lower grocery prices and free activities to enjoy a great quality of life without breaking the bank!

Unraveling the Average Cost of Living in Dallas Texas

So, what does it cost to live in Dallas, Texas in 2023? The cost of living in Dallas is around $2,489 per month. It is 3% higher than the national average. But don’t let that number deter you – this thriving city offers great value and comfort, thanks to lower grocery and transportation costs compared to other parts of the US.

In the following sections, we’ll dive into the four main estimated monthly costs in Dallas, Texas, including housing, utilities, insurance, and taxes. Keep in mind that these are the average cost of living in Dallas Texas, and they vary depending on your lifestyle and personal circumstances.

So, it’s always a good idea to use a living calculator to get a more accurate estimate tailored to your needs.

Housing Costs

Average apartment rent in Dallas Texas

Housing is often the most significant expense in any budget, and Dallas is no exception. Although we don’t have the exact average rent and home prices for 2023, the average rent in Dallas TX is 3% higher than the national average.

It’s essential to remember the general rule of thumb – try not to spend more than 30% of your total income on housing. Home prices in Dallas TX and other big cities in Texas typically average 10-30% higher than the state average.

Whether your searching for an apartment, a loft, a single family home to rent or buy, By keeping the 30% rule in mind and shopping around for the best deals, you’ll be able to find an affordable home in Dallas without breaking the bank.

Utility Expenses

When planning your budget, don’t forget to factor in utility expenses. While we don’t have the exact utility expenses for Dallas residents, we do know that in 2023, the average cost of electricity for residential customers is approximately 15.63 per kWh.

Be sure to also consider telecommunications expenses, such as phone and internet plans, when calculating your monthly costs.


Insurance is another crucial aspect to consider when budgeting for life in Dallas. In 2023, an individual Silver health insurance plan costs around $539 per month or $6,468 annually. For home insurance, the average cost is estimated to be around $1,000 per year, while auto insurance averages around $1,500 per year.

It’s essential to shop around and compare rates to find the best coverage for your needs at the most affordable price.


Taxes are an inevitable part of life, and Dallas is no exception. In this city, property taxes are determined by the assessed value of the property, with a rate set by the Dallas County Appraisal District – usually around 2.5%. The state of Texas does not have state-level property taxes.

As for sales tax, the rate in Dallas is 8.25%, which is the combined rate for Texas and Dallas County. Be sure to factor in these taxes when planning your cost of living budget to avoid any surprises down the line.

Goods & Services

In addition to the four estimated monthly costs, it’s essential to consider the expenses related to goods and services when planning your budget. 

In this section, we’ll explore various categories such as groceries, transportation, clothing, household items, healthcare, education, personal care, subscriptions, communication, entertainment, and pet care.

Understanding these costs can help you make the most of your money and enjoy a comfortable lifestyle in Dallas.

Groceries and Food Prices in Dallas

One of the most critical aspects of any budget is groceries and food prices. In Dallas, grocery prices are 5% lower than the national average, which can save you a significant amount of money over time.

While specific grocery and food prices aren’t provided, keep in mind that the average consumer spends around $7,000 per year on food, so it’s crucial to shop smart and look for deals to stretch your dollar further.

Transportation – Gas Prices

Transportation is another significant expense, but fortunately, Dallas offers some relief. The city’s transportation expenses are 14% lower than the national average. In 2023, the Dallas cost for public transportation is on average $2.50 for a single bus or train ride and $117 for a monthly pass.

By utilizing public transit and being mindful of fuel prices, you can keep your transportation costs in check.

Gas prices in Dallas typically average about 13% below the national average.

Clothing and Apparel

Clothing and apparel expenses in Dallas can vary depending on the type of item and the store. While the exact average cost for 2023 isn’t available, you can save money by shopping at thrift stores, consignment shops, and online stores.

Additionally, keep an eye out for sales and discounts, and don’t be afraid to buy second-hand items.

Household Items

Furnishing a home can be a significant expense, and it’s essential to consider this when planning your budget. In 2023, you can expect to pay between $241.00 and $1,354.00 for furniture in Dallas. The cost of furnishing a house in the US in 2023 can range from around $10,000 to as much as $60,000.

Be sure to shop around and look for deals to save money on household items.

Healthcare Costs

Healthcare is a necessary expense that can significantly impact your budget. In Dallas, healthcare costs are significantly high. It is estimated to be 13% higher than the national average. For 2023, the average cost of healthcare in Dallas is $589 per month for a 40-year-old on a Silver health insurance plan.

To manage healthcare expenses, be proactive about your health, seek preventative care, and compare providers for the best rates.


Education expenses in Dallas include tuition and school supplies. In 2023, the average cost of college tuition in Dallas is $4,050 for Texas residents and $6,000 for out-of-state students.

By carefully planning and budgeting for education expenses, you can minimize the financial burden and focus on your studies or the education of your children.

Personal Care

Personal care costs in Dallas include grooming and hygiene products. Grooming expenses can vary depending on the pet and the type of grooming services they need. Hygiene costs can also vary depending on what you buy.

To save on personal care expenses, consider shopping at discount stores, using coupons, and prioritizing what’s most essential to your health and well-being.

Monthly Subscription Costs

Monthly subscription costs in Dallas include streaming services like Netflix, Hulu, and Amazon Prime, as well as gym memberships. In 2023, the average cost of streaming services in Dallas is around $10.99 per month, while gym memberships average around $45.00 per month.

To save on monthly subscription costs, consider sharing accounts with friends or family, and taking advantage of free trials and discounts.

Communication Services

Communication services in Dallas include cell phone plans and internet plans. Prices can start as low as $5 a month, so it’s essential to compare different plans and providers to find the best one for you and your budget.

Additionally, consider the range of internet plans from DSL, cable, fiber, and satellite providers, and compare their offerings to find the best fit for your needs and budget.

Entertainment and Recreation

Entertainment and recreation costs in Dallas, including dining out and leisure activities, can range from budget-friendly to more expensive, depending on the activity. Eating out, going to the movies, and attending concerts can all vary in cost.

To save on entertainment expenses, take advantage of free or budget-friendly activities, like outdoor concerts, and budget-friendly museums.

Pet Care

Pet care cost of living expenses in Dallas TX

Pet care expenses in Dallas involve food, grooming, and veterinary services. The food expenses for pets in Dallas can be quite varied, with dry food tending to be more affordable than wet food.

Grooming expenses can also vary depending on the pet and the type of grooming services they need. For apartment living, consider finding a pet-friendly apartment complex in Dallas that has a dog wash station. This will save on some dog grooming expenses.

Veterinary costs can differ depending on the pet and the services they need, such as vaccinations, check-ups, and treatments. To save on pet care expenses, shop around for the best deals on food, grooming, and veterinary services.

Income and Salary Considerations

When considering moving to Dallas, it’s crucial to weigh the income and salary prospects. The median after-tax salary in Dallas is $5,400 per month. This median household income can provide you with a comfortable lifestyle when combined with the city’s thriving economy and job opportunities.

As you weigh the cost of living and potential income, be sure to factor in the quality of life factors mentioned earlier in this guide.

Using a Living Calculator

To get a more accurate estimate of your expenses and compare the cost of living in Dallas to other cities, consider using a living calculator. 

These calculators take into account various factors, such as housing, utilities, insurance, taxes, and more, to provide you with a tailored estimate based on your lifestyle and personal circumstances.

By comparing your current city to Dallas using a cost of living calculator, you can make an informed decision about whether relocating to “The Big D” is the right financial move for you.

Quality of Life Factors

In addition to the cost of living and income considerations, it’s essential to look at the quality of life factors in Dallas. With great schools, a safe environment, and plenty of amenities, Dallas offers a high quality of life for its residents.

With an estimated population of 1.3 million people, Dallas provides a diverse and vibrant community where you can thrive both personally and professionally.

Here is a look at the quality of life index for Dallas Texas:

Dallas Texas Quality of Life Index

Cost of Living Index Explained

The cost of living index is a valuable tool for comparing living expenses between cities. It helps you understand how affordable a city is compared to the national average or other cities. In Dallas, the cost of living index is just above the century mark at 101, which means it’s just slightly above the US national average.

By using a Dallas cost of living index in conjunction with a cost of living calculator, you can better understand the financial implications of relocating to Dallas and whether it’s the right move for you.

Choosing the Right Location in Dallas to Call Home

Dallas Farmers Market

Choosing the right location to live in Dallas, TX, offers substantial cost-saving benefits, positively impacting the overall cost of living. 

Opting for a neighborhood with walkability to essential amenities like shopping for food and clothing can significantly reduce transportation expenses, saving on gasoline and car maintenance costs.

Moreover, proximity to diverse dining options, bars, and concert venues enables cost-effective entertainment choices without the need for costly transportation or parking fees.

For instance, the ideal location of Skyline Farmers Market, is located in one of the best neighborhoods in Dallas and is situated across from the Dallas Farmers Market and a short walk to Deep Ellum, presents the advantage of accessible and affordable fresh produce and local goods.

Additionally, its proximity to lively entertainment options and restaurants means residents can relish experiences without incurring hefty ticket prices or long-distance travel expenses.

By strategically selecting such a locale, individuals can make wise financial decisions, staying well below the national average cost of living and enjoying an enriching lifestyle in Dallas, Texas.

Furthermore, considering average apartment rents in Dallas can lead to additional cost savings, ensuring a comfortable yet budget-friendly living experience.

Tips for Thriving in Dallas Without Breaking the Bank

To make the most of living in Dallas without overspending, consider these tips:

  1. Take advantage of free or budget-friendly activities and attractions, like outdoor concerts and budget-friendly museums.
  2. Set aside a fixed amount each week or month to save and avoid unnecessary spending.
  3. Embrace the laid-back, casual atmosphere of Dallas life, which can help you live affordably.
  4. Leverage Dallas’ booming economy and job opportunities.
  5. Consider starting your own business in Texas, a state known for its entrepreneur-friendly environment.


In conclusion, for a single person, the Dallas cost of living average, for 2023 is estimated to be around $2,489 per month, covering various expenses like housing, utilities, insurance, taxes, and more. For a family of four, the average cost of living in Dallas TX is $5,949.

When considering a move to this vibrant city, it’s essential to weigh the cost of living, income and salary prospects, quality of life factors, and the cost of living index.

By doing your research and following the tips provided in this guide, you can make an informed decision about relocating to Dallas and thrive without breaking the bank.


To sum up, Dallas offers a unique blend of affordability and opportunity, making it an attractive destination for those considering a move. With a thriving economy, diverse job market, and a cost of living that’s manageable for many, the “Big D” could be your ticket to a brighter future.

So, why not take a closer look at what Dallas has to offer and see if it’s the right fit for you?

Cost of Living in Dallas Frequently Asked Questions

What salary do you need to live in Dallas?

To live comfortably in Dallas-Fort Worth, you need to make around $64,742 per year post-tax. For example, if you are moving from Los Angeles California to Dallas Texas and your current salary is $100,000, to maintain your current standard of living in Dallas, TX, you need to earn $68,351 per year. In other words, the cost of living in Dallas TX is 31.65% lower.

Is it expensive to live in Dallas TX?

Living in Dallas is relatively affordable compared to other cities. Rent and meal costs are moderate, while utilities and transportation are slightly more expensive.

Overall, it is not too expensive to live in Dallas, TX.

What is the average rent of an apartment in Dallas TX?

The average rent for an apartment in Dallas cost $1,577, 3% higher than the national average. The actual cost of rent varies based on factors like location, size, and amenities. Compared to the state average, Dallas generally has higher rental costs due to its thriving economy and overall higher cost of living.


Are there any tips for saving money on clothing and apparel in Dallas?

Yes, there are definitely tips for saving money on clothing and apparel in Dallas. Shop at thrift stores, consignment shops, and online stores. Keep an eye out for sales and discounts.

What is the cost of living index and how can it help me compare living expenses between cities?

The Cost of Living Index is a helpful tool that allows you to compare living expenses between cities and determine how affordable they are compared to the national average.

It can be used to compare the cost of housing, groceries, utilities, transportation, and other expenses. It can also be used to compare the cost of living between different cities and states.

The index is based on the index.

What are some tips for thriving in Dallas without breaking the bank?

Embrace the laid-back atmosphere and take advantage of free or budget-friendly activities in Dallas to enjoy all it has to offer without breaking the bank.

What are some activities in Downtown Dallas that don’t cost a thing?

Downtown Dallas offers several free activities that locals and visitors can enjoy. Here are some options:

Klyde Warren Park: This vibrant urban park offers various free activities, including yoga classes, outdoor concerts, movie screenings, and food truck festivals. It’s a great place to relax, have a picnic, or participate in community events.

Pioneer Plaza: Visit this historical site featuring a large bronze sculpture of cattle and cowboys. It’s a popular spot for taking photos and learning about Dallas’ cattle industry history.

Dallas Arts District: Explore the nation’s largest urban arts district, featuring impressive public art installations and captivating architecture. You can stroll around, take photos, and enjoy the artistic atmosphere.

John F. Kennedy Memorial Plaza: Pay your respects at this solemn and serene memorial dedicated to President John F. Kennedy. It’s a place for reflection and historical significance.

The Sixth Floor Museum at Dealey Plaza: While admission to the museum is not free, you can still visit Dealey Plaza, the site where the Kennedy assassination took place, without cost. The plaza itself holds historical significance.

Downtown Dallas Farmers Market: Visit the market to experience a wide array of fresh produce, local products, and artisanal goods. Although purchasing items may incur costs, simply browsing and soaking in the atmosphere is free.

Trammell Crow Park: Enjoy a scenic walk along the Trinity River at this park, offering picturesque views of the Dallas skyline and nature trails.

Dallas City Hall: Check out the iconic architecture of Dallas City Hall, a distinctive modernist building designed by I.M. Pei. You can explore the public areas and admire its unique structure.

Deep Ellum: Known for its vibrant street art and murals, a walk through Deep Ellum can be a delightful and artistic experience.

Dallas Public Library – Central Library: Visit the Central Library and spend some quiet time reading or exploring their collection of books and resources.

Interested in relocating to the best neighborhood in Downtown Dallas?
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