Relocation Resources
Cost of Living by City in DFW
A practical breakdown of what it actually costs to live in different DFW communities housing, property taxes, utilities, transportation, and more.
The Dallas–Fort Worth Metroplex is often cited as one of the more affordable major metros in the country, but costs vary significantly from city to city. This guide breaks down the major cost-of-living components so you can make an informed comparison between communities.
Housing Costs
Housing is the largest cost-of-living variable between DFW communities. Median home prices range from under $300,000 in some Kaufman and Ellis County communities to over $1M in Southlake, Westlake, and the Park Cities.
Beyond the purchase price, consider the monthly cost: mortgage payment, property taxes, HOA fees, homeowner's insurance, and maintenance. The total monthly cost can vary dramatically between communities even at similar purchase prices, due to differences in property tax rates and HOA fees.
| Area | Approx. Median Price Range | Notes |
|---|---|---|
| Southlake / Westlake | $900K–$2M+ | Prestige communities, Carroll ISD |
| Frisco / Prosper | $500K–$900K | Strong growth, newer construction |
| McKinney / Allen | $400K–$700K | Established suburbs, good schools |
| Plano / Richardson | $350K–$600K | Established, diverse housing stock |
| Garland / Mesquite | $250K–$400K | More accessible, established |
| Forney / Royse City | $280K–$450K | Growing, new construction |
| Burleson / Midlothian | $300K–$500K | Growing south corridor |
| Weatherford / Aledo | $350K–$700K | Parker County, larger lots |
Property Taxes
Property taxes are a significant ongoing cost in Texas, which has no state income tax. Combined rates (city + county + school district + other entities) typically range from 1.8% to 2.5% of assessed value.
Collin County communities generally have lower combined rates than Dallas County communities, though this varies by specific taxing entities. See the Property Tax Rates by County guide for detailed breakdowns.
HOA Fees
HOA fees vary from zero (no HOA) to several thousand dollars per year in master-planned communities with extensive amenities. Always factor HOA fees into your monthly cost calculation.
Master-planned communities may have multiple HOA layers a master HOA and a sub-HOA each with separate fees.
Utilities
Utility costs in DFW are driven primarily by electricity (air conditioning in summer) and natural gas (heating in winter). Texas summers are hot electricity bills of $200–$400/month in summer are common for average-sized homes.
Water rates vary by city. Some communities have higher water rates due to infrastructure investments or water source costs.
- Electricity: $100–$400/month depending on home size and season
- Natural gas: $30–$150/month depending on season
- Water/wastewater: $50–$150/month depending on city and usage
- Internet: $50–$100/month for fiber service
- Trash: often included in city utility bill
Transportation
DFW is a car-dependent metro. Most residents drive to work, and transportation costs include vehicle payments, insurance, fuel, and tolls. Toll costs can add $100–$300/month for commuters who use the DNT, SH-121, or other toll roads regularly.
DART and Trinity Metro provide transit options in some areas, but most DFW communities require a car for daily life.
No State Income Tax
Texas has no state income tax, which is a significant financial advantage for residents moving from states with high income taxes. This benefit partially offsets the higher property taxes.
When comparing total tax burden between Texas and your current state, factor in both the property tax increase and the income tax savings.
Want help running the numbers for a specific community?
Reach out directly or take the quiz to get a personalized recommendation.