Living in Dallas, TX on a $135,915 Salary

Summary of Cost of Living

• Income Comparison: Earning $135,915 in Dallas is above the median household income, providing a comfortable lifestyle.
• Cost Index: Dallas has a cost of living index slightly below major U.S. cities like New York and San Francisco.
• Expense Categories:
  • Groceries and Dining: Moderately priced with a variety of options.
  • Utilities: Generally lower than the national average.
  • Transportation: Competitive gas prices and a developing public transportation system.

Housing Market Insights

• Average Home Prices: As of late 2023, Dallas home prices are below those in other major metropolitan areas like Los Angeles and Boston.
• Rental Market: Reasonable rental prices with options ranging from urban apartments to suburban homes.
• Market Trends: Slight increase in property values, indicative of growth but still accessible.

Quality of Life

• Urban vs. Suburban: Offers a mix of vibrant city life and quiet suburbs.
• Cultural and Recreational Activities: Rich in arts, sports events, and outdoor activities.
• Climate: Hot summers and mild winters, which can be attractive for those favoring warmer climates.

Access to Healthcare

• Healthcare Facilities: High-quality healthcare with numerous hospitals and specialized medical centers.
• Insurance: With a comfortable salary, access to comprehensive health insurance plans is feasible.
• Healthcare Costs: Slightly below the national average, benefiting from Texas's broader economic policies.

Quality of K-12 Schools

• Public Schools: A mix of high-performing schools in suburban districts and improving urban schools.
• Private and Charter Schools: A wide array of private educational institutions and steadily growing charter school options.
• Education Funding: Supported by local and state initiatives aiming to improve educational outcomes.

Overall Assessment

Living in Dallas on a $135,915 salary offers a solid quality of life relative to many parts of the U.S. With affordable housing, a balanced cost of living, good schools, comprehensive healthcare, and vibrant culture, Dallas remains an attractive option for individuals and families seeking a balanced lifestyle.