A+
4%
Overall NAT. AVG.
1%
Goods & Services NAT. AVG.
4%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Dallas Georgia National
Cost of living9693100
Goods & Services9997100
Groceries9798100
Health care94100100
Housing9686100
Transportation9694100
Utilities8086100

An Overview of Cost of Living in Dallas, GA

Knowing the cost of living in Dallas allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Dallas stands at 96, marking it 4% lower than the national average.

The cost of living in Dallas aligns closely with the national average when compared to other cities across the nation. Everyday essentials such as groceries, goods and services, health care and utility bills are priced at a level consistent with the average in similar urban areas. Dallas residents can anticipate that their daily expenses won't be significantly higher than those in an average city, ensuring that the cost of living remains manageable.

What Do Locals Say About the Cost of Living in Dallas?

The real experts on a city are its residents. That's why we reached out to 11 locals to get their views on the cost of living in Dallas. We surveyed the residents and asked them if they felt like prices were affordable or out of reach. The results were as follows. 55% found it budget-friendly with decreasing prices, while 45% said it's simply not affordable as prices have continued to rise.

Is Dallas Affordable?

Is Dallas an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Dallas is 12% lower than the national average, while the average monthly rent prices are 14.3% higher than average. The affordability of any location can also be influenced by median income levels. Dallas has a median household income of $49,589, which is 10.4% lower than the national average.

What Factors can Influence the Cost of Living in Dallas?

Groceries: Grocery expenditures have undergone notable escalation over the last 2-3 years. In some markets, the cost of food products has surged by more than 20%, while others have experienced only modest increments. These fluctuations in food costs can have a significant impact on the overall cost of living in any region. In Dallas, the groceries index registers 2.9% lower than the national average.

Taxes: Regions that impose higher taxes, including sales and income taxes, can contribute to an increased cost of living. Higher taxes for everyday necessities such as clothing, utilities and food inevitably leads to higher expenditures. Additionally, a higher income tax rate can also play a role in elevating the overall cost of living. In Dallas, the prevailing sales tax rate starts at 4%, and income tax rates kick off at 1%.

Transportation: In cities with limited or no public transportation, residents may find it necessary to own and maintain vehicles, thereby elevating the cost of living. Monthly expenditures include fuel, insurance, routine maintenance and potential lease or financing commitments. In Dallas, the transportation index stands at 4.2% lower than the national average.

Where is the Data From?

The cost of living in Dallas, presented above is derived from the C2ER cost of living index, offering a practical method for assessing living cost disparities in urban areas. Published quarterly, this index compiles data from more than 300 independent researchers, encompassing over 60 goods and services in 6 categories. The weightings assigned to cost variances are informed by government survey data tracking the expenditure patterns of professional and executive households. It should be noted that the C2ER index does not include data on sales or income tax rates, however, AreaVibes incorporates tax rates into the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in Dallas is 3% higher than the Georgia average
  • The cost of living in Dallas is 4% lower than the national average
  • Dallas housing is 4% lower than the national average
  • Georgia general sales tax is 22% lower than the national average
  • Georgia state income tax is 56% lower than the national average

Most Affordable Places to Live in and Around Dallas

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Compare Dallas, GA Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$67,581$5,632$1,577$2,028
      Renters$34,852$2,904$813$1,046
      The affordability of the housing market in Dallas, GA as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Dallas homeowners, the median income is $67,581. This indicates that a monthly maximum of $1,577 should be spent by homeowners on all housing related costs. Renters have a median income of $34,852. This indicates that renters would have a maximum of $813 for their rent related monthly costs.

      Georgia Sales Tax

      State General Sales Tax With Max Surtax
      Georgia 4% 8%

      Georgia Income Tax

      State Income Tax (Low) Income Tax (High)
      Georgia 1% 5.75%

      Goods & Services

      Item Dallas National avg. Difference
      Haircut $20.83$24.2614.1%
      Beauty Salon $32.83$45.5627.9%
      Toothpaste $3.60$3.702.8%
      Shampoo $1.22$1.284.7%
      Movie $14.41$12.1318.7%
      Bowling $17.50$18.002.8%

      Groceries

      Item Dallas National avg. Difference
      Ground Beef $5.78$5.841.1%
      Fried Chicken $1.43$1.579.3%
      Milk $4.54$4.672.8%
      Potatoes $5.24$4.936.2%
      Pizza $11.13$12.097.9%
      Beer $10.27$10.411.4%

      Health Care

      Item Dallas National avg. Difference
      Optometrist $151.92$125.6820.9%
      Doctor $92.83$135.7831.6%
      Dentist $82.67$113.2927.0%
      Ibuprofen $10.24$10.653.9%
      Lipitor $472.05$468.600.7%

      Housing

      Item Dallas National avg. Difference
      Home Price $162,500.00$184,700.0012.0%
      Avg. Mortgage Payment $1,447.48$2,346.6938.3%
      Apartment Rent $1,085.00$949.0014.3%

      Transportation

      Item Dallas National avg. Difference
      Gasoline $3.22$3.467.0%
      Tire Balancing $47.47$59.9220.8%

      Utilities

      Item Dallas National avg. Difference
      All Electricity $141.36$193.9927.1%
      Phone $192.75$192.250.3%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Aragon, GA1,5718515.3%
      Rockmart, GA4,3598712.9%
      Braswell, GA3758911.1%
      Temple, GA4,7099010.2%
      Lithia Springs, GA17,545927.8%
      Dallas, GA13,680964.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Palmetto, FL13,678982.2%
      Holly Springs, GA13,68211414.0%
      River Ridge, LA13,6901054.7%
      Monticello, MN13,7001087.7%
      Short Hills, NJ13,700260160.2%
      Dallas, GA13,680964.4%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.