Dallas · USD · high cost city

Savings rate in Dallas — are you on track?

Dallas is a high cost city. Dallas median rent is around $1,600/month, rising quickly as corporate relocations drive demand. Dallas earners benefit from no state income tax, though rapid rent growth is narrowing the affordability advantage.

Median rent

$1,600/mo

Dallas 2023

Typical other costs

$1,700/mo

excl. housing

Savings benchmark

7–20%

mid-income USD

Pre-set for Dallas — adjust to your situation

Country
$65,000
$20,000$235,000$450,000+
$1,600/mo
$0$4,000$8,000+

Food, transport, subscriptions, going out — everything except rent

$1,750/mo
$0$3,750$7,500+

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What a good savings rate looks like in Dallas

Using data from BLS Consumer Expenditure Survey 2023, people at mid-range incomes in United States typically save between 7–20% of gross income. In a high cost city like Dallas, housing costs can compress that meaningfully — especially for renters.

Minimum
7%
floor — not building
Expected
12%
benchmark
Strong
26%
top tier

Source: BLS Consumer Expenditure Survey 2023. Benchmarks shown for mid-income earners in United States.

See full cost breakdown for Dallas →

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SalaryVerdict — Is your Dallas salary competitive?SpendVerdict — Is your Dallas rent too high?