Cost of Living

ACCRA Cost of Living Index (American Chamber of Commerce Research Association)
  • According to ACCRA, the DFW Metroplex cost of living is significantly lower than most major U.S. metropolitan areas and typical high-tech regions.

Home Price Comparison Index

  • The 2011 ACCRA index score for DFW housing is 95.8; the U.S. average is 100.
  • Dallas area homes are significantly lower in cost compared to east and west coast cities.
ACCRA Cost of Living Index 1st Q 2011 Home Price Comparison

City

Composite Index*

Avg. Sales Price** for Selected Cities

Houston, TX

90.5

Irvine, CA

$940,048

Austin, TX

93.4

San Francisco, CA

$807,691

Dallas, TX

95.8

Boston, MA

$695,358

Phoenix, AZ

96.2

Washington, DC

$630,645

Orlando, FL

97.2

Denver, CO

$577,667

Milwaukee, WI

98.4

San Diego, CA

$522,247

Richmond, VA

102.6

Chicago, IL

$250,631

Portland, OR

111.1

Dallas, TX

$233,402

Chicago, IL

115.3

 Source: Coldwell Banker HPCI 2011

San Jose, CA

150.0
Source: ACCRA, 1Q 2011 averages.

* Composite Index includes all categories (housing, groceries, utilities, transportation, misc/goods & services, healthcare). Average city in survey = 100.
** Average sales price on a 2,200-square-foot house with 4 bedrooms, 2 full baths, family room, and 2-car garage.

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