Cost of living in Dallas research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Dallas is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Georgia, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Dallas is 92, with 100 being the average.
The cost of living index in Dallas is 0.9x lower than the national average.
Dallas ranks as the #74 cheapest in Georgia out of 154.
Dallas ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Dallas is $174,000.
The median income in Dallas is $50,245.
According to the most recent data on the cost of living, Dallas has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Georgia, Dallas has a cost of living index that's 1.0x higher than Georgia's index of 89.
The standard of living in Dallas ranks as #74 most affordable out of the 154 places we measured in Georgia. By definition, that implies Dallas ranks as the #80 most expensive place in the Peach State.
For more reading on life in Dallas, check out:
Six factors go into calculating the cost of living index in Dallas. Here is how it fairs on each of the criteria:
The Services index in Dallas is 101.
The Groceries index in Dallas is 106.
The Health index in Dallas is 102.
The Housing index in Dallas is 79.
The Transportation index in Dallas is 100.
The Utilities index in Dallas is 83.
Living Expense | Dallas | Georgia | National Average | |
---|---|---|---|---|
Overall | 92 | 89 | 100 | |
Services | 101 | 95 | 100 | |
Groceries | 106 | 96 | 100 | |
Health | 102 | 98 | 100 | |
Housing | 79 | 76 | 100 | |
Transportation | 100 | 90 | 100 | |
Utilities | 83 | 86 | 100 |
Housing swings affordability the most between places in Georgia, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Dallas is $174,000.
The Median Rent in Dallas is $1,235.
The Median Income in Dallas is $50,245.
The Home Value To Income in Dallas is 3.5x.
The Rent To Monthly Income in Dallas is 0.29x.
Statistic | Dallas | Georgia | United States |
---|---|---|---|
Median Home Value | $174,000 | $206,700 | $244,900 |
Median Rent | $1,235 | $1,110 | $1,163 |
Median Income | $50,245 | $65,030 | $69,021 |
Home Value To Income | 3.5x | 3.2x | 3.5x |
Rent To Monthly Income | 0.29x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Dallas. Here's a quick look at the cost of living in the most populous nearby places:
Marietta, GA has a cost of living index of 105, 1.1x Dallas.
Smyrna, GA has a cost of living index of 106, 1.2x Dallas.
Mableton, GA has a cost of living index of 98, 1.1x Dallas.
City | Population | Cost Of Living | Vs. Dallas |
---|---|---|---|
Marietta, GA | 60,962 | 105 | 1.1x |
Smyrna, GA | 55,460 | 106 | 1.2x |
Mableton, GA | 41,632 | 98 | 1.1x |
Douglasville, GA | 34,410 | 94 | 1.0x |
Kennesaw, GA | 33,036 | 97 | 1.1x |
Cartersville, GA | 22,626 | 93 | 1.0x |
Acworth, GA | 22,330 | 97 | 1.1x |
Villa Rica, GA | 16,863 | 92 | 1.0x |
Powder Springs, GA | 16,698 | 97 | 1.1x |
Lithia Springs, GA | 15,825 | 90 | 1.0x |