How To & Tips

Top Costs of Living in Dallas

Oil, cowboys, and soaps may be the first thoughts when anyone mentions Dallas, Texas. Well, you’re right, but whatever ties you have with the city, you may not know of the exact cost of living there. It may not be as crazy expensive as New York City, but what is it like living in Dallas?

In this guide, we take a deeper look at the cost of living in Dallas.

Home Prices in Dallas

 This applies to those thinking of a move to Dallas. Of course, you’ll need a home, so the immediate question is “how the prices range?” If you’re looking for a one-bedroom house In Dallas, you’ll need to part with at least $217,000. This is according to trulia.com. On the other hand, if you need something big, say a two-bedroom home, you’re looking at no less than $358,000. Do you need more space? A three-bedroom home will cost you anything from $444,000 while a four-bedroom house averages at $798,000.

Rent in Dallas

 Maybe you just want to rent an apartment since you don’t have the money to buy a home. If this is the case, you’ll have to prepare $992 for a studio apartment. A one-bedroom apartment will cost you $997 every month. A two-bedroom apartment will see you set aside $1,433 each month in rent while a three-bedroom apartment costs $1,824 on average. This data is sourced from myapartmentmap.com. The rent prices may not be the same on the ground, but it gives a clear picture of what to expect.

Utilities

 While in Dallas, expect to pay up to $140 if you intend on living in a 915 square-foot apartment. This will cover the basics including garbage, water, heating, and electricity. The Internet is another expense you may want to incur, and this will come at an extra cost of $45. This is cheaper compared to the national average by at least 6.5 percent. You can check out the best internet providers in Dallas on Digital Exits.

Transportation in Dallas

You’ll need a car to move around in Dallas. However, if you don’t own one or would like to save, you can use the DART, Dallas Area Rapid Transit. You have the option of choosing a monthly pass for either local or regional service. The former goes for $80 while the latter averages at $160. You can also choose a 7-day pass which will cost you $25 and $50 for local and regional services respectively. If you prefer to live by the day, you have the day pass where you’ll pay $5 and $10 for local and regional services in that order.

If you have a car, a gallon of gas will cost you $2.10 in Dallas. In addition to fuel expenses, you’ll have to pay $50.75 as registration fees to the DMV and $10 as a surcharge.

Food

 You’ll spend about $10 every day per person which translates to $319 every month. This will cover the basics including basic groceries. Nevertheless, if you want to eat out, prepare $11 or $44 for a three-course meal at a mid-size restaurant.

Still Looking to Move to Dallas?

 If you are, it’s essential to analyze your financial situation to help you plan in advance. You can also seek the services of a financial advisor who can offer guidance while moving to Dallas.

H. M. Kotb

Hala, a seasoned journalist with a passion for uncovering the truth and sharing it with the world. With years of experience under her belt, Hala has become a go-to source for anyone looking to stay informed and up-to-date on the latest news and stories from around the globe. Hala's love for journalism began at a young age, when she realized the power of the written word to effect change and make a difference in people's lives. As she grew older, she honed her craft, developing a unique voice and style that captivates readers and keeps them coming back for more. With a wide range of interests and expertise, Hala has covered everything from politics and current events to lifestyle and entertainment. Her blog is a reflection of this versatility, offering readers a glimpse into the world of news and stories from a variety of angles. But what sets Hala apart is her commitment to accuracy and integrity. She knows that journalism is more than just reporting the facts - it's about telling the whole story, even when it's difficult or unpopular. Her blog is a testament to this commitment, offering readers a nuanced and thoughtful perspective on the issues that matter most. So if you're looking for a journalist who knows her stuff and isn't afraid to speak her mind, look no further than Hala. Her blog is a treasure trove of information and insight, and she's always happy to engage with her readers and answer their questions.
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