Denver Cost of Living vs. Dallas: Which City is More Affordable?
Thinking about moving to Denver or Dallas? A major factor in your decision will undoubtedly be the cost of living. This in-depth comparison breaks down the expenses to help you determine which city better fits your budget.
Is it Cheaper to Live in Denver or Dallas?
The short answer: Dallas is significantly more affordable than Denver. In fact, Denver is 27.3% more expensive than Dallas.
Overall Cost of Living: Denver vs. Dallas
According to our calculations, you would need around $6,745.4 in Dallas, TX, to maintain the same standard of life that you can have with $7,300.0 in Denver, CO (assuming you rent in both cities). This calculation uses our comprehensive cost of living index.
The cost of living in Dallas, TX, is -10.5% lower than in Denver, CO. To maintain your current standard of living, you would have to earn a salary of $53,713 in Dallas if you are earning more in Denver.
Housing Costs: A Key Difference
Which city has more affordable housing, Denver or Dallas? Dallas wins this category hands down. Denver housing is 5.2% more expensive than Dallas.
Breaking Down the Expenses: Denver vs. Dallas
The higher cost of living in Denver is reflected across various categories. The cost of groceries, entertainment and sports, restaurants, transportation, and housing in Denver are more expensive than in Dallas.
Dallas's Affordability Edge
The cost of living tends to be lower in Dallas compared to Denver. Housing is particularly more affordable in Dallas, while the costs for groceries, healthcare, and utilities are usually slightly lower as well.
Making Your Decision: Denver vs. Dallas
Ultimately, the best city for you depends on your individual needs and priorities. While Denver offers stunning mountain views and a vibrant outdoor lifestyle, Dallas provides a more budget-friendly option. Consider your salary, lifestyle, and housing preferences when making your decision.