Plano, IL Cost Of Living
Cost Of Living In Plano, IL Summary
Cost of living in Plano research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Plano is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Illinois, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Plano is 105, with 100 being the average.
The cost of living index in Plano is 1.1x higher than the national average.
Plano ranks as the #185 cheapest in Illinois out of 336.
Plano ranks as the #3,177 cheapest out of 6,489 in the US.
The median home value in Plano is $301,085.
The median income in Plano is $83,102.
Table Of Contents
Plano's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Plano, IL?
According to the most recent data on the cost of living, Plano has an overall cost of living index of 105, which is 1.1x higher than the national index of 100.
Compared to Illinois, Plano has a cost of living index that's 1.1x higher than Illinois's index of 97.
The standard of living in Plano ranks as #185 most affordable out of the 336 places we measured in Illinois. By definition, that implies Plano ranks as the #151 most expensive place in the Prairie State.
For more reading on life in Plano, check out:
In Illinois
In America
Plano Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Plano. Here is how it fairs on each of the criteria:
The Services index in Plano is 107.
The Groceries index in Plano is 95.
The Health index in Plano is 97.
The Housing index in Plano is 110.
The Transportation index in Plano is 114.
The Utilities index in Plano is 82.
| Living Expense | Plano | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 105 | 97 | 100 | |
| Services | 107 | 95 | 100 | |
| Groceries | 95 | 99 | 100 | |
| Health | 97 | 93 | 100 | |
| Housing | 110 | 95 | 100 | |
| Transportation | 114 | 102 | 100 | |
| Utilities | 82 | 91 | 100 | |
Plano, IL Housing Cost Breakdown
Housing swings affordability the most between places in Illinois, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Plano is $301,085.
The Median Rent in Plano is $1,590.
The Median Income in Plano is $83,102.
The Home Value To Income in Plano is 3.6x.
The Rent To Monthly Income in Plano is 0.23x.
Median Home Value
Median Rent
Median Income
Plano, IL Costs By Category
Detailed Plano Services Costs Vs. Illinois
Detailed Plano Groceries Costs Vs. Illinois
Detailed Plano Health Costs Vs. Illinois
Detailed Plano Transportation Costs Vs. Illinois
Detailed Plano Utilities Costs Vs. Illinois
Plano SnackAbility
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Cost Of Living In Cities Around Plano
The cost of living varies in the cities and towns around Plano. Here's a quick look at the cost of living in the most populous nearby places:
Naperville, IL has a cost of living index of 133, 1.3x Plano.
Plainfield, IL has a cost of living index of 123, 1.2x Plano.
Oswego, IL has a cost of living index of 115, 1.1x Plano.
| City | Population | Cost Of Living | Vs. Plano |
|---|---|---|---|
| Naperville, IL | 149,424 | 133 | 1.3x |
| Plainfield, IL | 45,705 | 123 | 1.2x |
| Oswego, IL | 35,463 | 115 | 1.1x |
| Batavia, IL | 26,730 | 118 | 1.1x |
| Yorkville, IL | 22,350 | 111 | 1.1x |
| Geneva, IL | 21,299 | 126 | 1.2x |
| Montgomery, IL | 21,205 | 112 | 1.1x |
| Shorewood, IL | 18,218 | 116 | 1.1x |
| Sugar Grove, IL | 9,233 | 115 | 1.1x |
| Boulder Hill, IL | 9,127 | 108 | 1.0x |
