What is the cost of living in Lake Dallas, TX?
According to the most recent data on the cost of living, Lake Dallas has an overall cost of living index of 106, which is 1.1x higher than the national index of 100.
Compared to Texas, Lake Dallas has a cost of living index that's 1.1x higher than Texas's index of 93.
The standard of living in Lake Dallas ranks as #298 most affordable out of the 419 places we measured in Texas. By definition, that implies Lake Dallas ranks as the #121 most expensive place in the Lone Star State.
For more reading on life in Lake Dallas, check out:
Lake Dallas Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Lake Dallas. Here is how it fares on each of the criteria:
The Services index in Lake Dallas is 97.
The Groceries index in Lake Dallas is 102.
The Health index in Lake Dallas is 116.
The Housing index in Lake Dallas is 98.
The Transportation index in Lake Dallas is 103.
The Utilities index in Lake Dallas is 100.
| Living Expense | Lake Dallas | Texas | National Average |
|---|---|---|---|
| Overall | 106 | 93 | 100 |
| Services | 97 | 100 | 100 |
| Groceries | 102 | 99 | 100 |
| Health | 116 | 81 | 100 |
| Housing | 98 | 97 | 100 |
| Transportation | 103 | 103 | 100 |
| Utilities | 100 | 100 | 100 |
Lake Dallas Cost Of Living Compared To Texas Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Texas, check out:
Protect your home budget Compare home warranties in Lake Dallas Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Lake Dallas, TX Housing Cost Breakdown
Housing swings affordability the most between places in Texas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Lake Dallas is $347,096.
The Median Rent in Lake Dallas is $1,519.
The Median Income in Lake Dallas is $76,879.
The Home Value To Income in Lake Dallas is 4.5x.
The Rent To Monthly Income in Lake Dallas is 0.24x.
| Statistic | Lake Dallas | Texas | United States |
|---|---|---|---|
| Median Home Value | $347,096 | $300,957 | $332,700 |
| Median Rent | $1,519 | $1,403 | $1,413 |
| Median Income | $76,879 | $78,476 | $80,734 |
| Home Value To Income | 4.5x | 3.8x | 4.1x |
| Rent To Monthly Income | 0.24x | 0.21x | 0.21x |
Lake Dallas, TX Costs By Category
Detailed Lake Dallas Services costs vs. Texas
| Item | Lake Dallas | Texas |
|---|---|---|
| Shampoo | $1.22 | $1.28 |
| Movie | $11.85 | $12.13 |
| Bowling | $16.96 | $18 |
| Haircut | $23.57 | $24.26 |
| Beauty Salon | $35.11 | $45.56 |
Detailed Lake Dallas Groceries costs vs. Texas
| Item | Lake Dallas | Texas |
|---|---|---|
| Ground Beef | $5.44 | $5.84 |
| Fried Chicken | $1.32 | $1.57 |
| Milk | $4.63 | $4.67 |
| Potatoes | $4.15 | $4.93 |
| Pizza | $11.96 | $12.09 |
| Beer | $10.27 | $10.41 |
| Toothpaste | $3.51 | $3.7 |
Detailed Lake Dallas Health costs vs. Texas
| Item | Lake Dallas | Texas |
|---|---|---|
| Optometrist | $96.63 | $125.68 |
| Doctor | $131.0 | $135.78 |
| Dentist | $86.73 | $113.29 |
Detailed Lake Dallas Transportation costs vs. Texas
| Item | Lake Dallas | Texas |
|---|---|---|
| Gasoline | $3.47 | $3.46 |
| Tire Balancing | $66.47 | $59.92 |
Detailed Lake Dallas Utilities costs vs. Texas
| Item | Lake Dallas | Texas |
|---|---|---|
| All Electricity | $145.64 | $193.99 |
| Phone | $208.71 | $192.25 |
Lake Dallas SnackAbility
Cost Of Living In Cities Around Lake Dallas
The cost of living varies in the cities and towns around Lake Dallas. Here's a quick look at the cost of living in the most populous nearby places:
Plano, TX has a cost of living index of 120, 1.1x Lake Dallas.
Frisco, TX has a cost of living index of 133, 1.3x Lake Dallas.
Carrollton, TX has a cost of living index of 113, 1.1x Lake Dallas.
| City | Population | Cost Of Living | Vs. Lake Dallas |
|---|---|---|---|
| Plano, TX | 290,594 | 120 | 1.1x |
| Frisco, TX | 219,304 | 133 | 1.3x |
| Carrollton, TX | 133,740 | 113 | 1.1x |
| Lewisville, TX | 131,080 | 108 | 1.0x |
| Flower Mound, TX | 78,389 | 128 | 1.2x |
| Lakewood, WA | 62,937 | 124 | 1.2x |
| Little Elm, TX | 54,820 | 118 | 1.1x |
| Keller, TX | 45,976 | 136 | 1.3x |
| The Colony, TX | 45,454 | 111 | 1.0x |
| Coppell, TX | 42,154 | 132 | 1.2x |
