Dress Like Your Idols received largely positive reviews from critics. AllMusic's Tim Sendra praised the album saying, "Dress Like is their best record to date, with their best songs" and the songs have "super hooks."Pitchfork Media's Mark Hogan claimed, "The result is the best album yet from a band whose style finally appears to be back in vogue" and compared the album's sound to Surfer Blood and Weezer.
The album cover received acclaim, including being named one of the best of the year by Paste Magazine. The cover artwork features illustrated tributes to several other album covers, a wink at the title Dress Like Your Idols. From top to bottom, left to right, the tributes are: