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When deciding where to move it can be helpful to compare the cost of living between cities in various parts of the country. Since Dallas is in the middle of the country it is interesting to see what it is like on both the East and West Coast as well as compare North and South. Therefore, I am pleased to present a detailed comparison of prices in Dallas compared to the following three cities: |  | | | The skys at night are big and bright.......Deep in the heart of TEXAS! | |
 
| Product |
Bakersfield CA |
Dallas TX |
Difference |
| HOME PRICE |
$373,773.00 |
$219,012.85 |
$154,760.15 |
| PAYMENT+ INTEREST |
$1,701.15 |
$968.26 |
$732.90 |
| APT RENT |
$755.00 |
$768.00 |
$13.00 |
| TOTAL ENERGY |
$215.25 |
$157.39 |
$57.86 |
| LIPITOR |
$122.49 |
$114.90 |
$7.59 |
| PART ELECTRICAL |
$113.49 |
$0.00 |
$113.49 |
| OTHER ENERGY |
$101.76 |
$0.00 |
$101.76 |
| DOCTOR VISIT |
$90.00 |
$79.00 |
$11.00 |
| OPTOMETRIST |
$89.00 |
$69.80 |
$19.20 |
| DENTIST VISIT |
$60.00 |
$77.00 |
$17.00 |
| WASHER REPAIR |
$54.65 |
$49.78 |
$4.87 |
| MENS SHIRT |
$33.60 |
$21.49 |
$12.11 |
| VET SERVICES |
$32.03 |
$38.86 |
$6.83 |
| BEAUTY SALON |
$25.00 |
$23.30 |
$1.70 |
| WOMENS SLACKS |
$24.99 |
$26.69 |
$1.70 |
| PHONE |
$23.78 |
$37.18 |
$13.40 |
| NEWSPAPER |
$12.35 |
$16.00 |
$3.65 |
| BOYS JEAN |
$11.99 |
$15.99 |
$4.00 |
| DRY CLEANING |
$11.59 |
$7.01 |
$4.58 |
| PIZZA |
$11.29 |
$8.84 |
$2.45 |
| HAIR CUT |
$10.00 |
$12.30 |
$2.30 |
| TIRE BALANCE |
$9.66 |
$10.19 |
$0.53 |
| T BONE STEAK |
$8.67 |
$7.87 |
$0.80 |
| MOVIE |
$8.50 |
$8.00 |
$0.50 |
| BEER |
$7.59 |
$7.78 |
$0.19 |
| IBUPROFEN |
$6.83 |
$6.27 |
$0.56 |
| CASCADE |
$4.76 |
$4.17 |
$0.59 |
| SAUSAGE |
$4.73 |
$3.08 |
$1.65 |
| WINE |
$4.36 |
$5.96 |
$1.60 |
| BOWLING |
$3.75 |
$3.92 |
$0.17 |
| COFFEE |
$3.67 |
$2.98 |
$0.69 |
| CRISCO |
$3.64 |
$3.39 |
$0.25 |
| CEREAL |
$3.43 |
$2.83 |
$0.60 |
| PARMESAN CHEESE |
$3.30 |
$3.86 |
$0.56 |
| ORANGE JUICE |
$3.23 |
$2.51 |
$0.72 |
| FROZEN MEAL |
$3.15 |
$2.43 |
$0.72 |
| GASOLINE |
$2.92 |
$2.84 |
$0.08 |
| POTATO CHIPS |
$2.83 |
$2.39 |
$0.44 |
| GROUND BEEF |
$2.63 |
$2.73 |
$0.10 |
| HAMBURGER SANDWICH |
$2.60 |
$2.57 |
$0.03 |
| TENNIS BALLS |
$2.50 |
$1.99 |
$0.51 |
| TOOTHPASTE |
$2.37 |
$2.31 |
$0.06 |
| POTATOES |
$2.35 |
$3.76 |
$1.41 |
| HALF GAL MILK |
$2.25 |
$2.10 |
$0.15 |
| SUGAR |
$2.04 |
$1.82 |
$0.22 |
| 2-PC CHICKEN |
$1.98 |
$2.72 |
$0.74 |
| KLEENEX |
$1.79 |
$1.97 |
$0.18 |
| DOZ EGGS |
$1.72 |
$1.12 |
$0.60 |
| FROZEN CORN |
$1.50 |
$1.30 |
$0.20 |
| PEACHES |
$1.45 |
$1.59 |
$0.14 |
| FRIED CHICKEN |
$1.41 |
$0.97 |
$0.44 |
| BREAD |
$1.39 |
$0.92 |
$0.47 |
| COKE |
$1.35 |
$1.41 |
$0.06 |
| SHAMPOO |
$1.14 |
$1.12 |
$0.02 |
| MARGARINE |
$1.11 |
$0.82 |
$0.29 |
| SWEET PEAS |
$1.01 |
$0.85 |
$0.16 |
| LETTUCE |
$0.90 |
$1.12 |
$0.22 |
| TUNA |
$0.88 |
$0.86 |
$0.02 |
| BANANAS |
$0.65 |
$0.49 |
$0.16 |
| ALL ELECTRICAL |
$0.00 |
$157.39 |
$157.39 |
| Mortgage (%) |
6.11% |
5.84% |
0.27 |  
| Product |
New York (Manhattan) NY |
Dallas TX |
Difference |
| HOME PRICE |
$1,099,398.50 |
$219,012.85 |
$880,385.65 |
| PAYMENT+ INTEREST |
$4,871.89 |
$968.26 |
$3,903.63 |
| APT RENT |
$3,424.00 |
$768.00 |
$2,656.00 |
| TOTAL ENERGY |
$235.78 |
$157.39 |
$78.39 |
| PART ELECTRICAL |
$139.71 |
$0.00 |
$139.71 |
| LIPITOR |
$125.75 |
$114.90 |
$10.85 |
| DOCTOR VISIT |
$105.71 |
$79.00 |
$26.71 |
| DENTIST VISIT |
$97.86 |
$77.00 |
$20.86 |
| OTHER ENERGY |
$96.07 |
$0.00 |
$96.07 |
| OPTOMETRIST |
$71.33 |
$69.80 |
$1.53 |
| WASHER REPAIR |
$68.33 |
$49.78 |
$18.55 |
| VET SERVICES |
$59.86 |
$38.86 |
$21.00 |
| BEAUTY SALON |
$53.14 |
$23.30 |
$29.84 |
| WOMENS SLACKS |
$42.71 |
$26.69 |
$16.02 |
| NEWSPAPER |
$35.15 |
$16.00 |
$19.15 |
| MENS SHIRT |
$33.28 |
$21.49 |
$11.79 |
| PHONE |
$32.31 |
$37.18 |
$4.87 |
| BOYS JEAN |
$19.56 |
$15.99 |
$3.57 |
| HAIR CUT |
$14.71 |
$12.30 |
$2.41 |
| T BONE STEAK |
$12.01 |
$7.87 |
$4.14 |
| WINE |
$11.86 |
$5.96 |
$5.90 |
| MOVIE |
$10.42 |
$8.00 |
$2.42 |
| PIZZA |
$9.99 |
$8.84 |
$1.15 |
| TIRE BALANCE |
$9.50 |
$10.19 |
$0.69 |
| DRY CLEANING |
$8.87 |
$7.01 |
$1.86 |
| BEER |
$8.06 |
$7.78 |
$0.28 |
| IBUPROFEN |
$7.78 |
$6.27 |
$1.51 |
| BOWLING |
$7.36 |
$3.92 |
$3.44 |
| CASCADE |
$6.27 |
$4.17 |
$2.10 |
| SAUSAGE |
$5.19 |
$3.08 |
$2.11 |
| POTATOES |
$5.05 |
$3.76 |
$1.29 |
| PARMESAN CHEESE |
$4.59 |
$3.86 |
$0.73 |
| CEREAL |
$4.21 |
$2.83 |
$1.38 |
| COFFEE |
$4.15 |
$2.98 |
$1.17 |
| CRISCO |
$4.13 |
$3.39 |
$0.74 |
| FROZEN MEAL |
$3.79 |
$2.43 |
$1.36 |
| GROUND BEEF |
$3.73 |
$2.73 |
$1.00 |
| TOOTHPASTE |
$3.67 |
$2.31 |
$1.36 |
| TENNIS BALLS |
$3.61 |
$1.99 |
$1.62 |
| ORANGE JUICE |
$3.59 |
$2.51 |
$1.08 |
| HAMBURGER SANDWICH |
$3.23 |
$2.57 |
$0.66 |
| POTATO CHIPS |
$3.12 |
$2.39 |
$0.73 |
| GASOLINE |
$3.06 |
$2.84 |
$0.22 |
| 2-PC CHICKEN |
$3.00 |
$2.72 |
$0.28 |
| KLEENEX |
$2.33 |
$1.97 |
$0.36 |
| SUGAR |
$2.31 |
$1.82 |
$0.49 |
| FROZEN CORN |
$2.29 |
$1.30 |
$0.99 |
| HALF GAL MILK |
$2.27 |
$2.10 |
$0.17 |
| PEACHES |
$1.99 |
$1.59 |
$0.40 |
| DOZ EGGS |
$1.97 |
$1.12 |
$0.85 |
| LETTUCE |
$1.97 |
$1.12 |
$0.85 |
| MARGARINE |
$1.85 |
$0.82 |
$1.03 |
| BREAD |
$1.64 |
$0.92 |
$0.72 |
| COKE |
$1.59 |
$1.41 |
$0.18 |
| FRIED CHICKEN |
$1.55 |
$0.97 |
$0.58 |
| SHAMPOO |
$1.44 |
$1.12 |
$0.32 |
| SWEET PEAS |
$1.11 |
$0.85 |
$0.26 |
| TUNA |
$0.95 |
$0.86 |
$0.09 |
| BANANAS |
$0.73 |
$0.49 |
$0.24 |
| ALL ELECTRICAL |
$0.00 |
$157.39 |
$157.39 |
| Mortgage (%) |
5.86% |
5.84% |
0.02 |  
| Product |
Miami-Dade County FL |
Dallas TX |
Difference |
| HOME PRICE |
$432,190.00 |
$219,012.85 |
$213,177.15 |
| PAYMENT+ INTEREST |
$1,962.98 |
$968.26 |
$994.72 |
| APT RENT |
$1,104.00 |
$768.00 |
$336.00 |
| ALL ELECTRICAL |
$170.98 |
$157.39 |
$13.59 |
| TOTAL ENERGY |
$170.98 |
$157.39 |
$13.59 |
| LIPITOR |
$121.62 |
$114.90 |
$6.72 |
| DOCTOR VISIT |
$106.00 |
$79.00 |
$27.00 |
| DENTIST VISIT |
$88.40 |
$77.00 |
$11.40 |
| OPTOMETRIST |
$65.00 |
$69.80 |
$4.80 |
| WASHER REPAIR |
$52.75 |
$49.78 |
$2.97 |
| BEAUTY SALON |
$45.00 |
$23.30 |
$21.70 |
| VET SERVICES |
$38.30 |
$38.86 |
$0.56 |
| MENS SHIRT |
$24.66 |
$21.49 |
$3.17 |
| WOMENS SLACKS |
$24.49 |
$26.69 |
$2.20 |
| PHONE |
$23.55 |
$37.18 |
$13.63 |
| BOYS JEAN |
$18.87 |
$15.99 |
$2.88 |
| NEWSPAPER |
$15.30 |
$16.00 |
$0.70 |
| DRY CLEANING |
$11.50 |
$7.01 |
$4.49 |
| PIZZA |
$9.99 |
$8.84 |
$1.15 |
| T BONE STEAK |
$9.87 |
$7.87 |
$2.00 |
| TIRE BALANCE |
$9.87 |
$10.19 |
$0.32 |
| HAIR CUT |
$9.80 |
$12.30 |
$2.50 |
| MOVIE |
$9.30 |
$8.00 |
$1.30 |
| BEER |
$7.46 |
$7.78 |
$0.32 |
| IBUPROFEN |
$6.12 |
$6.27 |
$0.15 |
| WINE |
$6.08 |
$5.96 |
$0.12 |
| BOWLING |
$4.82 |
$3.92 |
$0.90 |
| POTATOES |
$4.37 |
$3.76 |
$0.61 |
| CASCADE |
$4.28 |
$4.17 |
$0.11 |
| CRISCO |
$3.99 |
$3.39 |
$0.60 |
| CEREAL |
$3.54 |
$2.83 |
$0.71 |
| PARMESAN CHEESE |
$3.05 |
$3.86 |
$0.81 |
| SAUSAGE |
$2.94 |
$3.08 |
$0.14 |
| GASOLINE |
$2.86 |
$2.84 |
$0.02 |
| COFFEE |
$2.80 |
$2.98 |
$0.18 |
| GROUND BEEF |
$2.79 |
$2.73 |
$0.06 |
| TOOTHPASTE |
$2.74 |
$2.31 |
$0.43 |
| FROZEN MEAL |
$2.61 |
$2.43 |
$0.18 |
| 2-PC CHICKEN |
$2.61 |
$2.72 |
$0.11 |
| TENNIS BALLS |
$2.54 |
$1.99 |
$0.55 |
| ORANGE JUICE |
$2.50 |
$2.51 |
$0.01 |
| HAMBURGER SANDWICH |
$2.36 |
$2.57 |
$0.21 |
| HALF GAL MILK |
$1.99 |
$2.10 |
$0.11 |
| PEACHES |
$1.90 |
$1.59 |
$0.31 |
| KLEENEX |
$1.84 |
$1.97 |
$0.13 |
| SUGAR |
$1.67 |
$1.82 |
$0.15 |
| POTATO CHIPS |
$1.56 |
$2.39 |
$0.83 |
| BREAD |
$1.46 |
$0.92 |
$0.54 |
| LETTUCE |
$1.36 |
$1.12 |
$0.24 |
| COKE |
$1.26 |
$1.41 |
$0.15 |
| FROZEN CORN |
$1.25 |
$1.30 |
$0.05 |
| SHAMPOO |
$1.19 |
$1.12 |
$0.07 |
| FRIED CHICKEN |
$1.14 |
$0.97 |
$0.17 |
| SWEET PEAS |
$1.02 |
$0.85 |
$0.17 |
| DOZ EGGS |
$0.92 |
$1.12 |
$0.20 |
| TUNA |
$0.70 |
$0.86 |
$0.16 |
| MARGARINE |
$0.69 |
$0.82 |
$0.13 |
| Mortgage (%) |
6.09% |
5.84% |
0.25 |  Request our Free Frisco, Plano and North Dallas Relocation Package. It's packed full of useful and important information about the Frisco, Plano and North Dallas, Texas area. Don't move here without it! Remember: we'll send it to you for free and without obligation. Just fill out the form and we will send it right out... It's our job to know EVERYTHING about Frisco, Plano and North Dallas! Ask us any question. Or request a FREE information package. There's no obligation, and we promise to get back to you quickly... 
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About Appraisals >Fair Market Value
What is the best price for a piece of real estate? Mortgage lenders, appraisers, and real estate brokers use what is called the "fair market value" (FMV). FMV has been defined as "the price that a buyer is willing to pay and the seller is willing to accept, when both parties are knowledgeable about the property and neither is under any time pressure to buy or sell". Sounds great, but how is this price determined?
The starting point for determining a fair price may be an opinion of the value or "comparative market analysis". Such an analysis uses information on similar properties which are: 1) currently for sale, 2) already sold, or 3) expired properties (those which did not sell). Local, national and international trends and market conditions must also be evaluated.
By comparing similar properties in each of the three categories and the market conditions, appraisers, lenders and agents come very close to the maximum price that buyers would be willing to pay for a house.
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| Q |
What does the abbreviation PITI stand for?
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| A |
Principal, Interest, Taxes and Insurance are the four major items included in a monthly mortgage payment. |
See More Real Estate Trivia > |
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All rights reserved. All information deemed reliable but not guaranteed.
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