Quality of Life Assessment for a Resident in Dallas, TX Earning $109,650 per Year

Overview

A salary of $109,650 in Dallas, TX provides a person with a comfortable lifestyle relative to the national average, given the city's moderate cost of living and reasonable home prices. This income affords a balance between necessary expenses and discretionary spending, contributing to an overall positive quality of life.

Cost of Living

• General Affordability: Dallas has a relatively moderate cost of living compared to other major U.S. cities like New York or San Francisco. Basic expenses such as groceries, utilities, and transportation are comparable to or slightly below the national average.
• Transportation: Costs associated with commuting, including fuel and car maintenance, are average, although the city's reliance on personal vehicle travel can be considered when budgeting.
• Miscellaneous Expenses: Dining out, entertainment, and leisure activities are affordable and varied, enhancing the lifestyle for those earning at this salary level.

Housing Market

• Home Prices: Dallas offers reasonable home prices compared to the national median. For an income of $109,650, options for single-family homes, condos, and townhouses are available in various neighborhoods.
• Rental Market: Renting in popular areas is manageable, with rental prices for apartments and houses aligned with the earning potential of this salary.
• Homeownership Opportunities: The relatively stable housing market offers great opportunities for investment in property, with potential for long-term appreciation.

Quality of Life

• Cultural and Recreational Activities: With ample dining, shopping, and cultural institutions, residents have a full range of activities to explore. Sports, parks, and festivals add to the vibrant local lifestyle.
• Safety and Community: Dallas has diverse neighborhoods, each with unique characteristics. While some areas may experience higher crime rates, many communities offer a strong sense of safety and community engagement.

Access to Healthcare

• Healthcare Facilities: Dallas boasts a robust healthcare system with renowned hospitals and medical research centers, providing excellent healthcare services to its residents.
• Insurance and Costs: With a salary of $109,650, individuals can generally afford comprehensive health insurance to cover medical expenses, although premiums should be factored into yearly budgeting.

Quality of K–12 Schools

• Public Education: Dallas has a diverse array of public school options with varying performance metrics. Certain districts are highly rated, providing excellent educational opportunities.