Quality of Life for a Resident in Dallas, TX with a $117,130 Salary

Cost of Living

• Overview: Dallas has a cost of living that is slightly above the national average.
• Expenses: While housing costs can be higher, the cost for groceries, utilities, transportation, and healthcare is relatively comparable to national averages.
• Discretionary Spending: A salary of $117,130 allows for comfortable discretionary spending after essential expenses.

Housing Market

• Median Home Price: The median home price in Dallas ranges around $350,000.
• Affordability: With a salary of $117,130, many individuals can afford median-priced homes, assuming standard mortgage rates and debt-to-income ratios.
• Market Trends: The housing market is competitive but offers a range of options from urban apartments to suburban single-family homes.

Quality of Life

• Lifestyle Options: Dallas offers diverse lifestyle choices, balancing urban excitement with suburban tranquility.
• Employment Opportunities: The bustling economy provides ample job opportunities in various sectors, further enhancing quality of life.

Access to Healthcare

• Healthcare Services: Dallas boasts several top-performing hospitals and specialized medical centers.
• Insurance and Costs: With employer-provided health insurance, residents generally have manageable out-of-pocket healthcare expenses.

Quality of K-12 Schools

• School Options: Dallas has a mix of public, private, and charter schools, providing various education choices.
• School Performance: K-12 education quality varies by district, with some schools highly rated for their academic performance and extracurricular offerings.

Summary

Living in Dallas, TX, with a salary of $117,130 can afford a comfortable lifestyle. The cost of living is manageable, and housing is within reach for many. Additionally, the city provides robust access to healthcare and diverse educational options for families. The economic vibrancy of Dallas further contributes to a favorable quality of life.