Arlington, TX variant. This is a Arlington, TX-specific version of the Budget Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Budget Calculator.
Budgeting in Arlington means stretching the $70,071 median income ($5,839/month) against a cost-of-living index of 95 and $1,700/month median rent.
50/30/20 in Arlington
On $5,839/month, the rule allots $2,920 needs, $1,752 wants, $1,168 savings. But Arlington rent alone ($1,700/month) is 58% of the needs bucket.
In high-index metros, housing often blows past 50% - forcing roommates, longer commutes, or higher income.
About Arlington, TX
Arlington is in Texas, which has no state personal income tax, though property and sales taxes apply.
Arlington's home prices are moderate within the Dallas-Fort Worth metroplex.
Arlington sits between Dallas and Fort Worth and is known for its sports and entertainment venues, with a cost of living below the national average.
Worked example: rent share in Arlington
$1,700 rent ÷ $5,839 monthly income = 29% of gross - well above the 30% rent-burden threshold if over 30%.
Quick reference
- Median home value: $290,000
- Median rent: $1,700/mo
- Median household income: $70,071
- Local sales tax: 8%
- Effective property tax rate: 2.05%
- Cost of living index: 95 (US avg = 100)
Frequently Asked Questions
How much does it cost to live in Arlington?
Median rent is $1,700/month with a cost index of 95; budget needs around $2,920/month on the median income.
Is rent affordable in Arlington?
Median rent is 29% of the median monthly income - within the 30% affordability guideline.