Austin vs Dallas: Cost of Living & Housing Comparison

Austin's median home value is $461,500 — 70% higher than Dallas's $270,700.

Median household income is $86,556 in Austin versus $63,985 in Dallas.

Typical rent runs $1,549 in Austin and $1,305 in Dallas.

MetricAustin, TXDallas, TX
Population958,2021,300,642
Median home value$461,500$270,700
Median household income$86,556$63,985
Median gross rent$1,549$1,305
Climate risk (FEMA)Relatively HighVery High

On housing costs, Dallas, TX looks more affordable than Austin, TX — lower median home value and rent. This reflects housing only, not total cost of living.

Sources: U.S. Census Bureau American Community Survey; FEMA National Risk Index

Data last updated July 2026.

Austin vs Dallas Home Values, Rent & Income (2026) | RelocateFacts