Lake Dallas, TX Cost Of Living

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Updated: 2020-03-08
Lake Dallas's Overall Cost Of Living
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Lake Dallas is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Lake Dallas, TX?

According to the most recent data on the cost of living, Lake Dallas has an overall cost of living index of 100 which is 1.0x lower than the national index of 100.

Compared to only Texas, Lake Dallas has a cost of living index that's 1.1x higher than Texas's index of 91.

The standard of living in Lake Dallas ranks as #3201 most affordable out of the 6522 places we measured in Texas. By definition, that implies Lake Dallas ranks as the #3205 most expensive place in the Lone Star State.

Lake Dallas Cost Of Living Vs. Texas

Living Expense Lake Dallas Texas National Average
Overall 100 91 100
Services 110 95 100
Groceries 97 90 100
Health 78 97 100
Housing 90 83 100
Transportation 97 94 100
Utilities 109 102 100
For more reading on cost of living around Texas, check out:
Lake Dallas Cost of Living Vs. TX

Lake Dallas, TX Housing Cost Breakdown

Housing swings affordability the most between places in Texas, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Lake Dallas Texas United States
Median Home Value $146,600 $161,700 $204,900
Median Rent $1,150 $998 $1,023
Median Income $67,908 $59,570 $60,293
Home Value To Income 2.2x 2.7x 3.4x
Rent To Monthly Income 0.2x 0.2x 0.2x

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Cost Of Living In Cities Around Lake Dallas

City Population Cost Of Living Vs. Lake Dallas
Plano, TX 284,579 112 1.1x
Frisco, TX 165,700 111 1.1x
Carrollton, TX 133,438 103 1.0x
Lewisville, TX 104,789 101 1.0x
Flower Mound, TX 73,252 117 1.2x
Lakewood, WA 59,606 110 1.1x
Keller, TX 46,175 115 1.1x
Little Elm, TX 42,889 99 1.0x
The Colony, TX 42,215 102 1.0x
Coppell, TX 41,512 122 1.2x

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