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Austin, TX vs Dallas, TX: Cost of Living

Compare the cost of living between Austin, TX and Dallas, TX. See the equivalent salary and median rent powered by BLS Regional Price Parities.

Source-verified · June 2026BEA Regional Price Parities by MSA, 2022 (Table 4); HUD FY2024 Fair Market Rents (2-BR) Official source ↗
Source-verified · June 2026BEA Regional Price Parities by MSA, 2022 (Table 4); HUD FY2024 Fair Market Rents (2-BR) Official source ↗

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These rows are official-source planning signals with data period and last-checked dates. They do not automatically update the current RPP/FMR values on this page until the source dataset is flipped.

Austin, TX

TX

Overall RPP (US=100)
98.8
Housing RPP
126.4
Goods RPP
93.6
2-BR median rent
$1,924/mo

Texas has no state income tax. Property taxes ~2% effective rate.

Dallas, TX

TX

Overall RPP (US=100)
103.5
Housing RPP
116.3
Goods RPP
102.2
2-BR median rent
$1,758/mo

Texas has no state income tax. Property taxes ~1.8-2.2% effective rate.

Equivalent salary

Dallas, TX is more expensive than Austin, TX by about 4.8% (RPP 98.8 to 103.5).

$60,000 in Austin, TX

-> $62,854

in Dallas, TX

$100,000 in Austin, TX

-> $104,757

in Dallas, TX

$150,000 in Austin, TX

-> $157,136

in Dallas, TX

This tool provides estimates only. Equivalent-salary figures are derived from BLS Regional Price Parities (RPP) and HUD Fair Market Rents — they are averages, not guarantees. Actual cost of living varies by neighborhood, lifestyle, and individual circumstances. Not financial advice.

Migration signal: Austin, TX vs Dallas, TX

IRS tax-return migration · 2021-2022

Austin, TX

Net people
+18,016
Net rank
#9 of 65
Top origin share
4%
Top destination share
3%

Largest source: Harris County, TX. Largest destination: Bexar County, TX.

Dallas, TX

Net people
+65,221
Net rank
#1 of 65
Top origin share
2%
Top destination share
2%

Largest source: Harris County, TX. Largest destination: Harris County, TX.

Rent delta: Dallas, TX is $166/mo lower for HUD FY2024 2-BR FMR than Austin, TX. Housing RPP moves from 126.4 to 116.3.

Migration figures are derived from IRS SOI county-to-county migration data for 2021-2022, mapped to metros via Census CBSA delineation. Small county-to-county flows are IRS-suppressed, so per-metro totals are lower bounds. Source: IRS SOI migration data.

Frequently asked questions

Is Dallas, TX cheaper or more expensive than Austin, TX?
Dallas, TX (RPP 103.5) is more expensive than Austin, TX (RPP 98.8) by about 4.8%.
What salary do I need in Dallas, TX if I earn $100,000 in Austin, TX?
You would need approximately $104,757 in Dallas, TX to maintain the same purchasing power as $100,000 in Austin, TX. Formula: $100,000 x (103.5 / 98.8).
Which metro had stronger net migration, Austin, TX or Dallas, TX?
For 2021-2022, Austin, TX had a net gain of 18,016 people, while Dallas, TX had a net gain of 65,221 people. IRS small-flow suppression means these are lower-bound research signals, not complete population-change totals.

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