In a study conducted by Forbes magazine, Dallas ranked No. 8 and Fort Worth ranked No. 4 best bargain cities in America. AND, another Texas gem took home the grand prize of the No. 1 best bargain city: Weird and wonderful (and apparently affordable) Austin, TX.
Using a variety of research studies, Forbes compiled data like average salaries, unemployment rates and cost of living indexes to determine the rankings. What factors helped Dallas and Fort Worth rank in the top 10? Low unemployment rates, low cost of living and high salaries.
Here are the final report cards for Dallas and Fort Worth:
Dallas-Plano-Irving:
- Cost of Living: 23 of 50
- Housing Opportunity: 23 of 50
- Unemployment Rate: 11 of 50
- Average Salary: 17 of 50
Fort Worth-Arlington:
- Cost of Living: 16 of 50
- Housing Opportunity: 10 of 50
- Unemployment Rate: 8 of 50
- Average Salary: 34 of 50
Another reason Texas is full of great bargains? A super-soft housing market. In other words, if you need a place to live, you need to check out the amazing deals on apartments in Dallas and Fort Worth ASAP.
