Phoenix vs Dallas: Cost of Living (2026)

A side-by-side comparison of Phoenix, AZ and Dallas, TX, using US Census Bureau data.

MetricPhoenix, AZDallas, TX
Population1,609,4561,300,642
Median household income$72,092$63,985
Median home value$340,200$270,700
Median rent (/mo)$1,322$1,305

Source: US Census Bureau ACS 5-Year (2022). Highlighted cell = more affordable / higher income.

Comparing Phoenix, AZ and Dallas, TX comes down to what you value most. Dallas has the lower median home value, and Dallas has the lower median rent.

Phoenix has the higher median household income, which affects how far a paycheck stretches against local housing costs. The table below breaks down the key numbers side by side, all sourced from the US Census Bureau.

Frequently asked questions

Is it cheaper to live in Phoenix or Dallas?
By median home value, Dallas is the cheaper of the two ($270,700 vs $340,200). Rent and income differ too — see the full comparison above.
Which has higher salaries, Phoenix or Dallas?
Median household income is $72,092 in Phoenix versus $63,985 in Dallas, per the US Census Bureau.

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