Is Dallas expensive to live in?
Median income: $54,747. Median rent: $1,450. Median home price: $310,000.
Relocation guide · Texas
Dallas, TX city guide. Population is 1,304,379. Median household income is $54,747. Median rent is $1,450.
Median Rent
$1,450/mo
Median Income
$54,747
State Tax
None
Population
1,304,379
Cost of living
Median income: $54,747. Median rent: $1,450. Median home price: $310,000.
Median Rent/mo
$1,450
Median Home Price
$310,000
Median Income
$54,747
Rent-to-Income
32%
Taxes
State tax rate: 0%. Local tax rate: 8.25%.
State Income Tax
None
Local Tax Rate
8.25%
Climate
Average high: 76°F. Average low: 54°F. Annual rainfall: 38 inches. Sunny days: 234.
Avg High Temp
76°F
Avg Low Temp
54°F
Sunny Days/yr
234
Annual Rainfall
38"
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Median income: $54,747. Median rent: $1,450. Median home price: $310,000.
The median rent in Dallas is $1,450/month. Median home price is $310,000. Many newcomers rent for the first year to learn the neighborhoods before buying.
State tax rate: 0%. Local tax rate: 8.25%.
Dallas, TX city guide. Population is 1,304,379. Median household income is $54,747. Median rent is $1,450.
Research neighborhoods carefully — Dallas has significant variation in cost and lifestyle by area.
Data sourced from U.S. Census Bureau, Bureau of Labor Statistics, and NOAA. Updated 2026.