CostIndexUSA

Dallas, TX vs Lake Charles, LA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

TX
Dallas
103.1
overall index
$1,625/mo rent
More AffordableLA
Lake Charles
85.9
overall index
$1,150/mo rent

Lake Charles is significantly cheaper than Dallas — 16.7% lower overall cost of living.

To match an $80,000 salary in Dallas, you would need $66,700 in Lake Charles. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing56.1%
Dallas
117.9
Lake Charles
51.8
🛒 Groceries8.9%
Dallas
102.8
Lake Charles
93.7
🚗 Transportation4.0%
Dallas
104.7
Lake Charles
100.5
🏥 Healthcare4.0%
Dallas
94.7
Lake Charles
90.9
Utilities20.9%
Dallas
90.7
Lake Charles
71.7

Salary Equivalency Calculator

Enter your current salary in Dallas to see what you'd need to earn in Lake Charles to maintain the same purchasing power.

$
Equivalent salary in Lake Charles, LA
$66,700
$13,300 less needed in Lake Charles

Formula: salary × (85.9 ÷ 103.1) = salary × 0.8332. Based on BEA Regional Price Parities.

Housing Market

Dallas, TX

Median Home Price
$358,000
Median Monthly Rent
$1,625
Housing Index
117.9
Price-to-Rent Ratio
18.4×

Lake Charles, LA

Median Home Price
$190,000
Median Monthly Rent
$1,150
Housing Index
51.8
Price-to-Rent Ratio
13.8×

Dallas has 56.1% lower housing costs compared to Lake Charles.

Income & Job Market

Dallas, TX

Median Household Income
$86,900
Per Capita Income
$49,500
Unemployment Rate
3.9%
Population
1,304,379
Top Industries
FinanceTechnologyHealthcareTelecommunicationsReal Estate

Lake Charles, LA

Median Household Income
$65,100
Per Capita Income
$37,100
Unemployment Rate
4%
Population
77,403
Top Industries
EnergyPetrochemicalsHealthcareGamingManufacturing

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Dallas, TX
4.5×income-to-rent ratio

78% of income left after rent (median)

Lake Charles, LA
4.7×income-to-rent ratio

79% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.