Cost of Living in Highland Park, TX

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F
158%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
520%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Highland Park Texas National
Cost of living25894100
Groceries10198100
Health care10298100
Housing62083100
Transportation10598100
Utilities107103100
Lifestyle & Entertainment10598100
Household Items9998100
Education & Childcare10598100
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Homes For Sale In Highland Park, TX

property for sale

3615 Dartmouth Ave

Dallas, TX
property for sale

4544 Belfort Ave

Dallas, TX
property for sale

4651 Westside Dr

Dallas, TX
property for sale

3461 Shenandoah St

Dallas, TX

Cost Of Living Quick Facts

  • The cost of living in Highland Park is 174% higher than the Texas average
  • The cost of living in Highland Park is 158% higher than the national average
  • Highland Park housing is 520% higher than the national average
  • Texas general sales tax is 22% higher than the national average
  • Texas state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Highland Park

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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
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$358,347$29,862$8,361$10,751
      Renters$186,981$15,582$4,363$5,610
      The affordability of the housing market in Highland Park, TX 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 Highland Park homeowners, the median income is $358,347. This indicates that a monthly maximum of $8,361 should be spent by homeowners on all housing related costs. Renters have a median income of $186,981. This indicates that renters would have a maximum of $4,363 for their rent related monthly costs.

      Texas Sales Tax

      State General Sales Tax With Max Surtax
      Texas 6.25% 8.25%

      Texas Income Tax

      State Income Tax (Low) Income Tax (High)
      Texas 0% 0%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      St. Paul CDP, TX6088019.8%
      St. Paul, TX1,4078019.7%
      Mesquite CDP, TX6478118.9%
      Horseshoe Bend, TX6418316.7%
      Hutchins, TX5,9628812.2%
      Highland Park, TX9,451258158.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Fallston, MD9,44913636.2%
      Lugoff, SC9,454945.6%
      Calimesa, CA9,44612424.1%
      Beecher, MI9,4467723.0%
      Madeira, OH9,45611717.4%
      Highland Park, TX9,451258158.3%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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