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Cost of living: Dallas, TX vs Phoenix, AZ (2024)

Quick answer

Overall prices in the Dallas, TX metro were 103.1 vs 103.3 in Phoenix, AZ in 2024 (US = 100), so Dallas is 0.2% less expensive than Phoenix; housing rents differ by 3% (117.9 vs 121.2). A $75,000 income in Dallas buys about what $75,164 buys in Phoenix, per BEA.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Price index (US = 100)DallasPhoenixDallas vs Phoenix
All items103.1103.3-0.2%
Goods102.895.0+8.2%
Housing (rents)117.9121.2-2.8%
Utilities90.793.3-2.8%
Other services99.7104.0-4.2%
All items, 2008101.4105.7-4.1%
$50,000 in Dallas equals in Phoenix$50,110
$100,000 in Dallas equals in Phoenix$100,219
$150,000 in Dallas equals in Phoenix$150,329

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Last updated 2026-10-16. Data only, not financial or tax advice.

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