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Cost of Living Comparison
Welcome > Local Info > Cost of Living Comparison ...

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:
 

Dallas,plano,mckinney
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

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Real Estate Tips
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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Real Estate Trivia
Q 
What does the abbreviation PITI stand for?

A 
Principal, Interest, Taxes and Insurance are the four major items included in a monthly mortgage payment.
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Karen Richards Group, REALTOR®, real estate agent and broker for Frisco, Plano and North Dallas, Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Karen Richards Group
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My Personal Mission as your professional real estate advisor, is to focus on your satisfaction. My business is all about service and I am not happy until you are happy. My years in the business have provided me the experience to assist you with nearly every real estate need. Whether it's finding you a home, finding the best loan, or helping you to get the most out of selling your home, I am here to guide you. If there is anything you need, please let me know. International R.E. Specialist- Certified Luxury Home Marketing Specialist (CLHMS)- Real Estate Cyberspace Specialist (RECS)- National Association of Realtors- Certified Residential Specialist (CRS)- Graduate Realtor Institute (GRI- Accredited Buyer’s Representative (ABR)-Accredited Staging Professional (ASP)- Certified New Home Specialist (CNHS)- Residential Construction Certified (RCC)- Member Children’s Miracle Network- Platinum Club RE/MAX National Karen Richards (RE/MAX Premire IV): Real Estate Agent in McKinney, Collin County, Texas Find Texas MLS Listings

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