Philadelphia vs Dallas

Category-by-Category Breakdown

Index values shown. National average = 100. Lower is cheaper.

💰 Salary Equivalence

To maintain the same standard of living:

See exact take-home pay: Pennsylvania salaries · Texas salaries

Living in Philadelphia vs Dallas

Housing is typically the biggest factor in any cost-of-living comparison. Philadelphia has a housing index of 107 while Dallas sits at 104 (national average = 100). The median home in Philadelphia costs $240,000 compared to $310,000 in Dallas, a difference of $70,000. Monthly rent follows a similar pattern: $1,400 in Philadelphia versus $1,500 in Dallas.

Groceries and everyday expenses show a notable difference: Philadelphia scores 104 while Dallas scores 97. Both cities are close to the national average for grocery costs.

Healthcare costs in Philadelphia (101) are higher than Dallas (100). Both are close to the national average.

Median household income in Philadelphia is $49,127 compared to $54,747 in Dallas. When adjusted for cost of living, purchasing power is similar in both cities.

Relocating: Philadelphia vs Dallas

If you are considering a move between Philadelphia (index: 106) and Dallas (index: 103), the 3% cost difference has real implications for your budget. Dallas is the more affordable option, but the right choice depends on your income, career opportunities, and lifestyle priorities.

Housing budget reality: Using the 28% rule (spending no more than 28% of gross income on housing), the median household in Philadelphia can afford $1,146/month, while the median household in Dallas can afford $1,277/month. With median homes at $240,000 in Philadelphia versus $310,000 in Dallas, both cities offer reasonable homeownership opportunities at median income.

Renting vs buying: At $1,400/month in Philadelphia and $1,500/month in Dallas, renters face similar costs in both cities. The rent-to-own ratio in each city determines whether renting or buying offers better value for your situation.

Income adjustment: A $75,000 salary goes about equally far in both cities. Before accepting a job in either city, use the salary equivalence data above to understand what you would need to earn to maintain your current standard of living.

Reading These Numbers: Philadelphia (106) vs Dallas (103)

The cost of living index uses 100 as the national average. Philadelphia at 106 is 6% above the US average, while Dallas at 103 is 3% above average. Both cities are close to the national average in overall costs.

Philadelphia and Dallas land within 3 points of each other on the composite index (106 vs 103), so the overall cost picture is similar. Utilities shows the widest single-category margin at 113 versus 99, making it the area where residents will feel the most day-to-day price difference between Philadelphia and Dallas. Housing costs are comparable between the two metros, with Philadelphia at 107 and Dallas at 104 on the housing sub-index and median home prices of $240,000 and $310,000 respectively. With nearly identical cost profiles, the deciding factor between Philadelphia and Dallas is more likely income potential, career opportunity, or lifestyle preference than raw cost of living.

For renters: With median rents of $1,400/month in Philadelphia and $1,500/month in Dallas, the annual rent difference is approximately $1,200. Over a 5-year period, that compounds to $6,000 in savings by choosing the more affordable city.

For homebuyers: The $70,000 difference in median home prices between Philadelphia and Dallas translates to roughly $4,200 per month in mortgage payments at current rates. Factor this into your budget alongside property taxes and insurance, which also vary by location.

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