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Dallas vs Austin

Dallas, TX  ·  Austin, TX

⚖️

Dallas is 15% cheaper than Austin overall.

Home Price

Dallas: $370,000

Austin: $500,000

Monthly Rent

Dallas: $1,275/mo

Austin: $1,300/mo

COL Index

Dallas: 105

Austin: 121

Median Income

Dallas: $69,400

Austin: $83,800

Side-by-Side Comparison

Metric
Dallas
Austin
Winner
🏠

Median Home Price

$370,000
$500,000
Dallas
🏢

Monthly Rent (Median)

$1,275/mo
$1,300/mo
Dallas
💰

Median Household Income

$69,400
$83,800
Austin
📋

Property Tax Rate

1.8%
1.8%
Tied
📊

Cost of Living Index

100 = national average

105
121
Dallas
🚗

Avg. Commute

28 min
27 min
Austin
📈

Unemployment Rate

3.8%
3.1%
Austin
👥

Median Age

34.8 yrs
34 yrs
Dallas

What This Means For You

💵

Buying Power

A $100,000 salary in Dallas has the same purchasing power as $115,238 in Austin — based on each city's cost of living index.

🏠

Housing

Homes in Austin are 35% cheaper (-$130,000 less). That's a significant down payment and monthly payment difference.

🏢

Renting

Renting in Dallas saves you $25/month — $300 per year. Median rent: $1,275/mo in Dallas vs $1,300/mo in Austin.

📋

Property Taxes

On a median-priced home, Dallas owners pay roughly $6,660/year in property taxes vs $9,000/year in Austin. Rates are comparable.

💼

Local Earnings

Median household income is $69,400 in Dallas and $83,800 in Austin. Dallas residents earn 21% more — but remember to factor in cost of living.

🚗

Daily Commute

Average commute is 28 minutes in Dallas vs 27 minutes in Austin. Commute times are nearly identical.

Salary Equivalence

To maintain the same lifestyle when moving from Dallas to Austin, here's the salary you'd need:

Salary in DallasEquivalent in AustinDifference
$50,000$57,619+$7,619
$75,000$86,429+$11,429
$100,000$115,238+$15,238
$150,000$172,857+$22,857
$200,000$230,476+$30,476

* Calculated using cost of living indices (national average = 100). Does not account for state income tax differences.

Run the Numbers

Related Comparisons

Dallas vs Austin: Common Questions

Is Dallas or Austin cheaper to live in?

Based on cost of living indices, Dallas is cheaper overall. Dallas has a COL index of 105 while Austin scores 121 (national average = 100).

How do home prices compare between Dallas and Austin?

The median home price in Dallas is $370,000 vs $500,000 in Austin — a difference of $130,000 (35%).

What salary do I need in Austin to match my Dallas income?

Use the salary equivalence table above. For example, a $100K salary in Dallas is equivalent to $115,238 in Austin in terms of purchasing power.

Which city has lower property taxes?

Austin has a lower property tax rate (1.8% vs 1.8%). On a median-priced home, that means paying $6,660/year vs $9,000/year.

Cost of living data sourced from Council for Community and Economic Research (C2ER) Cost of Living Index, U.S. Census Bureau American Community Survey, and Zillow Research. Tax rates from Tax Foundation and state revenue agencies. Last updated: March 2025.