Why Dallas, Texas is the Best Place to Live!

The perfect city exists—with good jobs, low costs, endless fun, and a diverse culture.

Sound too good to be true? It's not a dream, it's Dallas. Thinking of a change? Contemplating a move to Dallas for work or a fresh start?

Before you decide, picture this: pristine parks and trails, world-class museums, professional sports, and Southern hospitality. All nested within a business hub oozing with opportunity.

Get ready for a deep dive into why Dallas, Texas is the best place to live. Our agents can help you find your perfect new house here. But first, let us convince you Dallas is worth making the move. Contact us to hear more about this Texas gem.

Job Market

Dallas' robust job market is one of its main draws. From finance and healthcare to technology and retail, the city is home to a diverse spectrum of industries. Numerous major employers including American Airlines, AT&T, and Texas Instruments call the Big D home. In fact, Forbes Magazine named Dallas as one of the best destinations for job seekers.

The job market in Dallas-Fort Worth is still expanding rapidly despite increased interest rates and a wave of substantial job cutbacks in the IT industry. According to a recent report, the 5.7% increase in jobs is higher than the U.S. growth rate of 3.3% during the same period and is the highest among the most populous metros in the U.S.

Dallas' unemployment rate as of March 2023 was 3.4%, which is lower than the 4.1% average for the country. With that in mind, Dallas will give you plenty of opportunities if you're seeking a job, are underemployed, or want to grow your current business.

Cost of Living

The cost of living in Dallas is 12% more expensive than the state average and 2% more expensive than the national average, with a median income of $42,250.

For the majority of people, housing costs represent their largest outlay. Dallas' median house value as of March 2023 was $308,305, while the national average was $334,270. Compared to the $1,702 national average, Dallas' average monthly rent for an apartment was $1,576.

Another significant contributor to the cost of living difference is transportation, of which the US average is 14% cheaper. Compared to the rest of the nation, Dallas has an 11% higher cost of living for items such as clothing, food, and groceries.

Dental work and other medical procedures cost 13% more in Dallas than they do on average in the United States. In addition, non-essential costs such as entertainment and grooming services are 11% pricier in the Big D.

Cost of living summary
Category Cost in Dallas US Average
Median home price $308,305 $334,269
Rent (1Bedroom) $1,577 $1,702
Property Tax Rate 2.31% 1.07%
Gasoline (per gallon) $2.70 $2.82
Overall Cost of Living Index 101 100

Note: The table above provides a general comparison using the latest available data.

Fun and Recreation

Related: Things to Do in Dallas

Dallas is a vibrant city with a range of entertainment opportunities, from top-notch theaters and museums to professional sports teams and outdoor pursuits. Enjoy a night out on the town without breaking the bank at performing arts and music venues such as House of Blues, The Granada Theater, and The Bomb Factory.

For movie-goers, Dallas has plenty of options as well. Alamo Drafthouse Cinema, Texas Theatre, and Angelika Film Center are a few of the city's best movie theaters.

Not to be left behind are Dallas sports fans who will find plenty of sports to root for be it their favorite professional team or college sports team. Numerous professional sports franchises call the city home, including the Texas Rangers (MLB), Dallas Cowboys (NFL), and Dallas Mavericks (NBA).

What's more, Dallas plays host to several major events throughout the year, such as the Dallas International Film Festival and the State Fair of Texas. In the years to come, Dallas residents can look forward to even more entertainment options opening up thanks to the city's growing population and appeal.

Diverse Demography

With a population of more than 1.3 million people, Dallas is one of the largest cities in the U.S. After Houston and San Antonio, it is the third-largest city in Texas and the ninth-most populous city in the country. People from different racial, ethnic, and cultural origins constitute Dallas' diverse population.

Based on variables such as racial and ethnic diversity, linguistic diversity, and socioeconomic diversity, WalletHub ranked Dallas as the sixth most diverse city in America in 2021. The bulk of the population in Dallas comprises minorities, with Hispanics and Latinos being the dominant ethnicity.

The city's thriving cultural scene, which features a variety of festivals, events, and cultural attractions honoring the city's numerous diverse groups, reflects this diversity.

Culinary Delights

Dallas has much to offer whether you're in the mood for traditional Mexican street food, contemporary Mexican cuisine, or seafood dishes with a Latin American influence. Food trucks, especially the ones near Klyde Warren Park, have established themselves as a cornerstone of Dallas' culinary scene by providing a variety of delectable delicacies at a reasonable cost.

The phrase "Cocina Latina" refers to Latin American cuisine, which was greatly influenced by native cultures, African slaves, and European colonizers. With that in mind, many Cocina Latina restaurants in Dallas feature delectable cuisine from countries such as Cuba, Peru, and Mexico.

The following are some of the must-visit Cocina Latina spots in Dallas:

  • Meso Maya - the popular Cocina Latina restaurant that offers a fusion of classic and contemporary Mexican food.
  • El Come Taco - For mouthwatering tacos and tortas, visit El Come Taco if you're searching for some authentic Mexican street food.
  • Ceviche Oyster Bar – At the top of the menu is Ceviche, a seafood specialty of this Cocina Latina spot.

Dallas Climate

Dallas experiences hot summers, mild winters, and a moderate amount of precipitation each year thanks to its humid subtropical climate. Hot summers and sporadic, powerful thunderstorms are some of the city's extreme weather phenomena.

The average high temperature in the summer is around 96°F (35°C), while the average low is about 76°F (24°C). The average high temperature in winter is 58°F (14°C), while the average low temperature is 38°F (3°C).

Here are some of the most common weather patterns in Dallas:

  • Thunderstorms - Given its location in "Tornado Alley," Dallas often experiences both thunderstorms and tornadoes. April and May are two months in which Dallas experiences the greatest degree of thunderstorm activity.
  • Heat Waves - Besides the scorching hot summers, heat waves are also common in Dallas. During the summer months, Dallas has been known to experience several days where temperatures are over 100°F (38°C).
  • Cold Snaps - Although winters in Dallas are mild, the city will on occasion experience cold snaps that bring icy conditions and even snow. January is the most active month for cold snaps in Dallas.

Final Thoughts

Dallas truly is a gem. The local job market thrives, costs remain low, entertainment options abound and residents radiate Southern warmth. If your dream city boasts good jobs, affordability, fun, and friendly people—pack your bags for Dallas awaits.

Curious to explore all this Texas hotspot has to offer? Our local agents are ready to guide you through every step: finding the perfect neighborhood to call home, negotiating the best deal, and making your Dallas dream a reality. Whether you're moving to Dallas or selling up to move on, count on our experts to navigate the local market like pros.

Call 214.295.4888 or toll-free at 1.877.FLAT.MLS anytime. Dallas could be everything you've searched for in a city—don't wait another minute to find out for yourself.

Posted by Richard Soto-Broker on

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