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Cost of Living: New York vs Dallas

How expensive is Dallas compared with New York City? Overall prices, rent, goods, utilities and services in the Dallas-Fort Worth-Arlington, TX metro area versus the New York metro area, plus the salary you’d need to live the same way.

Dallas is 8% cheaper than New York
Cost of living index 92 (New York metro = 100) · 2024

Salary converter

Same lifestyle in Dallas
$91,584
You’d need $8,416 less per year
≈ $100,454 in New York buys the same standard of living.

Before taxes. Income tax, sales tax and benefits differ a lot between places and aren’t included.

Where the difference comes from

Rent & housing
21% cheaper
Goods (groceries, clothing, etc.)
7% cheaper
Utilities
29% cheaper
Other services (healthcare, dining, transport…)
6% cheaper
New York metroDallas metro

Bars show each category’s price level relative to the US average (BEA Regional Price Parities, 2024). Rent is usually the biggest driver.

The numbers

Metro area
Dallas-Fort Worth-Arlington, TX
Price level vs US average
103.1 (New York: 112.6)
Rent vs US average
117.9 (New York: 148.6)
Source
U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Frequently asked questions

Is Dallas cheaper than New York?

Yes. Dallas is 8% cheaper than the New York metro area overall (index 92, New York = 100).

What salary in Dallas equals $100,000 in New York?

About $91,584 a year buys the same standard of living in Dallas as $100,000 in the New York metro area, before taxes.

How do rents in Dallas compare with New York?

Rents and housing costs in the Dallas-Fort Worth-Arlington, TX metro area are 21% cheaper than the New York metro area (BEA, 2024).

Where does this data come from?

U.S. Bureau of Economic Analysis Regional Price Parities for 2024, which compare the price of the same basket of goods, rents, utilities and services across US metro areas.

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