Cost of Living: Dallas, TX vs New York, NY

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Dallas, TX versus $4,116/mo in New York, NY. In the model, rent is about 20.45% of gross in Dallas, TX versus 25.92% in New York, NY, so Dallas, TX tends to feel more affordable for rent.

Take-home in Dallas, TX
$4,516/mo
Income level: near
Take-home in New York, NY
$4,116/mo
Income level: below
Rent share (1BR) in Dallas, TX
20.45%
COLI tier: mid-range
Rent share (1BR) in New York, NY
25.92%
COLI tier: very high-cost

Compare cost of living, rent, housing prices, and salary affordability between Dallas, TX and New York, NY.

At a glance

  • Cheaper overall (lower cost-of-living index): Dallas, TX
  • Lower rent (median 1BR/2BR): Dallas, TX
  • Lower home prices: Dallas, TX
  • Higher median household income: New York, NY

Cost of Living Index

Dallas, TX: 96.8 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)

Dallas, TX has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.

Median Rent

Dallas, TX: $1,333/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo

Median rent in New York, NY is $357/mo higher than in Dallas, TX.

Median Home Price

Dallas, TX: $295,300 · New York, NY: $751,700

Median home price in New York, NY is $456,400 higher than in Dallas, TX.

Median Household Income

Dallas, TX: $67,760 · New York, NY: $79,713

New York, NY has a higher median household income than Dallas, TX by $11,953.

Dallas, TX overview · New York, NY overview · Popular comparisons