Cost of Living in Lake Dallas, TX

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A+
4%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
15%
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 Lake Dallas Texas National
Cost of living10494100
Groceries9898100
Health care10098100
Housing11583100
Transportation9798100
Utilities102103100
Lifestyle & Entertainment9998100
Household Items10298100
Education & Childcare10198100
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Homes For Sale In Lake Dallas, TX

property for sale

216 Wilson St

Lake Dallas, TX
property for sale

607 E Hundley Dr

Lake Dallas, TX
property for sale

403 Springtree Rd

Lake Dallas, TX
property for sale

5300 Princess Ct

Lake Dallas, TX

Cost Of Living Quick Facts

  • The cost of living in Lake Dallas is 11% higher than the Texas average
  • The cost of living in Lake Dallas is 4% higher than the national average
  • Lake Dallas housing is 15% 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 Lake Dallas

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Compare Lake Dallas, TX Cost of Living

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      The best places in Texas

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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$126,347$10,529$2,948$3,791
      Renters$66,220$5,518$1,545$1,987
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Lake Dallas, TX, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Lake Dallas homeowners, is $126,347. This would allow for a maximum of $2,948 per month to be spent on housing costs. For renters, the median monthly income is $66,220 which would result in a maximum of $1,545 to be spent on rental 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.
      Bristol, TX462991.1%
      Corral City, TX14991.3%
      Lincoln Park, TX1998020.2%
      Krum, TX5,2221032.9%
      Aubrey, TX4,4931055.3%
      Lake Dallas, TX8,2921044.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Rockwood, VA8,29411313.5%
      Whitmore Lake, MI8,2991000.4%
      Brentwood, MO8,2831076.9%
      Bel Aire, KS8,281982.2%
      Cherry Valley, CA8,27812424.3%
      Lake Dallas, TX8,2921044.1%
      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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