Quality of Life in Dallas, TX, for an Annual Salary of $177,310

Overview

Living in Dallas, Texas, earning $177,310 annually offers a comfortable lifestyle relative to the average cost of living and home prices both within the city and in comparison to the broader United States. This guide explores various aspects of life, including the cost of living, the housing market, quality of life, access to healthcare, and education quality.

Cost of Living

• Comparison to National Average:

  • Dallas has a cost of living index that is slightly above the national average. However, it remains more affordable than other major U.S. cities like New York or San Francisco.
  • Key expenses such as groceries, utilities, and transportation are moderately priced, aligning closely with national averages.

• Disposable Income:

  • With an income of $177,310, residents typically enjoy significant disposable income, allowing for savings, investments, or recreational spending.

Housing Market

• Home Prices:

  • As of the latest data, the median home price in Dallas is approximately $300,000 - $350,000, which is below the national median home price.
  • The real estate market has been dynamic, making homeownership accessible, especially with a higher-than-average income.

• Renting vs. Buying:

  • Rent prices are also reasonable, with a median rent price of around $1,500 for a two-bedroom apartment.
  • Given the income, homeowners and renters alike find housing costs manageable.

Quality of Life

• Recreational and Cultural Amenities:

  • Dallas offers a rich variety of parks, cultural institutions, dining, and shopping options.
  • The city hosts numerous events and festivals throughout the year, enhancing life quality.

• Climate and Environment:

  • The weather is generally warm, with hot summers and mild winters, appealing to those who prefer less severe cold seasons.

Access to Healthcare

• Healthcare Facilities:

  • Dallas boasts a robust healthcare system, including top-rated hospitals and medical centers.
  • The accessibility to specialized health services and general healthcare needs is high, with many professionals and facilities available.

• Health Insurance:

  • Employers in Dallas often offer competitive health insurance options, providing comprehensive coverage for individuals and families.

Quality of K-12 Schools

• Public Schools:
  • The Dallas Independent School District includes several schools