Dallas Economic Development Guide - 2016

Page 174

COST OF LIVING XXXXXXXXX XXXXXXX

SEATTLE (140.3)

Quite simply, it’s easy to live in DFW. The Dallas–Fort Worth region is one of the most affordable in the BUga. Icilign imagnihic temcountry, andebit a competitive advantage for companies as entempore dest dist erum, conet ut fugit they seekvolendi both to keep labor costs low and evel ipis genihit aturias atatem hit to recruit the best workers. audit re iniscil laudam, qui teEmployees molum eum in DFW enjoy a higher standard living, quo ommoluptiunt excepel mintofquam, with consistently lower costs forntorro housing, volum eum quatem ute sandige groceries, transportation, and health care idicides desequassit, sequat fuga. compared with workers in other major U.S. business centers. The region’s relatively low housing prices provide the strongest edge for companies that operate here, coming in more than 24 percent lower than the national average and more than 50 percent lower than many other major metropolitan areas.

SAN FRANCISCO (176.4)

DENVER (109.6)

LOS ANGELES (140.3) PHOENIX (95.9) SAN DIEGO (144.8)

FORT WORTH 2.8%

+1%

+1.6%

+13.3% MISC.

-8.3%

-4.9%

COMP.

+2.8%

HIGHER THAN THE U.S. AVER AGE

IF YOU LIVED IN ONE OF THESE CITIES AND MOVED TO DALLAS, HERE’S HOW YOUR COST OF LIVING WOULD CHANGE.

172

D A L L A S ECONOMIC DEVELOPMENT G U I D E

BOSTON

CHICAGO

LOS ANGELES +3%

-10%

-4% -34%

-61%

-22%

For example, housing costs in Dallas are 61% lower than in Boston

-5%

-14%

-13%

-5%

-14%

-7% -25%

-44%

SOURCE: Cost of Living Index: Comparative Data for Urban Areas, 2015, C2ER

-64%

2016


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