Total monthly cost of ownership
Cost to Own a Home in Dallas, Pennsylvania
A $198,000 home here costs
$1,802per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,018. The real number is $784 higher every month — 77% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Dallas against Luzerne County and Pennsylvania
| Measure | Dallas | Luzerne County |
|---|---|---|
| Median home value | $198,000 | $163,800 |
| Median property tax | $3,490 | $2,506 |
| Effective tax rate | 1.763% | 1.530% |
| Median gross rent | $1,178 | $958 |
| Population | 2,702 | 325,978 |
The weather behind that power bill
Dallas sits in Luzerne County, which averages a high of 84.6°F in its hottest month and a low of 20.3°F in its coldest, with 38.72" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 791 cooling and 5,740 heating degree days, which is what sets the $194 electricity line above.
See the full climate breakdown for Luzerne County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Luzerne County
Full Luzerne County cost breakdown · Every county in Pennsylvania
Common questions
How much does it cost to own a home in Dallas?
A $198,000 home in Dallas, Pennsylvania costs approximately $1,802 per month with 20% down at 6.66%. That is $1,018 principal and interest, $291 property tax, $66 homeowners insurance, $262 utilities and $165 set aside for maintenance.
What is the property tax rate in Dallas?
Dallas has an effective property tax rate of 1.763%, based on a median home value of $198,000 and median real estate taxes of $3,490. That is higher than the Luzerne County average of 1.530%.
What is the average home price in Dallas?
The median owner-occupied home value in Dallas, Pennsylvania is $198,000, against $163,800 across Luzerne County.
Is it cheaper to rent or buy in Dallas?
Median gross rent in Dallas is $1,178 a month, against $1,802 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Dallas — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Pennsylvania.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.