Cost of Living: Dallas, TX vs Independence, MO (2026)

Dallas

Texas
97
VS

Independence

Missouri
67

Dallas is 45% more expensive than Independence.

$1,403/mo ↑ 32%
Median Rent
$1,061/mo ↓ 24%
$67,760/yr ↑ 14%
Median Income
$59,480/yr ↓ 12%
$295,300 ↑ 77%
Home Value
$166,400 ↓ 44%
$1,409/mo ↑ 35%
Owner Costs
$1,046/mo ↓ 26%
1,299,553
Population
121,944

Tax Comparison

0%
Income Tax
4.95%
6.25%
State Sales Tax
4.225%
1.6%
Property Tax
0.93%

Affordability

24.8%
rent-to-income
Affordability
21.4%
rent-to-income

Detailed Comparison

When comparing Dallas, TX and Independence, MO, the overall cost of living indices are 97 and 67 respectively (national median = 100). Rent is $342/month cheaper in Independence, saving renters about $4,104/year.

Median household income is $8,280/year higher in Dallas. Home values also differ significantly — the median in Dallas is $295,300 compared to $166,400 in Independence.

Texas has no state income tax, giving Dallas residents a significant tax advantage over Missouri's 4.95% rate.

Frequently Asked Questions

Dallas vs Independence — common questions

Is Dallas or Independence cheaper to live in?
Based on our cost index, Independence is cheaper to live in with an index of 67 compared to 97 (US average = 100).
What is the rent difference between Dallas and Independence?
Median rent in Dallas is $1,403/month and in Independence it's $1,061/month — a difference of $342/month.
Which city has higher income, Dallas or Independence?
Median household income is $67,760 in Dallas and $59,480 in Independence. Median household income is $8,280/year higher in Dallas.
How do taxes compare between Texas and Missouri?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Missouri has 4.95% income tax, 4.225% sales tax, and 0.93% property tax.
Should I move to Dallas or Independence?
It depends on your priorities. Dallas has a cost index of 97 with median rent of $1,403/mo, while Independence has a cost index of 67 with rent of $1,061/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Dallas details → View Independence details →

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