Allen, TX Cost Of Living
Cost Of Living In Allen, TX Summary
Cost of living in Allen 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 Allen is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Texas, 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 Allen is 129, with 100 being the average.
The cost of living index in Allen is 1.3x higher than the national average.
Allen ranks as the #380 cheapest in Texas out of 414.
Allen ranks as the #4,942 cheapest out of 6,489 in the US.
The median home value in Allen is $495,615.
The median income in Allen is $129,130.
Table Of Contents
Allen's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Allen, TX?
According to the most recent data on the cost of living, Allen has an overall cost of living index of 129, which is 1.3x higher than the national index of 100.
Compared to Texas, Allen has a cost of living index that's 1.4x higher than Texas's index of 90.
The standard of living in Allen ranks as #380 most affordable out of the 414 places we measured in Texas. By definition, that implies Allen ranks as the #34 most expensive place in the Lone Star State.
For more reading on life in Allen, check out:
In Texas
In America
Allen Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Allen. Here is how it fairs on each of the criteria:
The Services index in Allen is 120.
The Groceries index in Allen is 98.
The Health index in Allen is 111.
The Housing index in Allen is 168.
The Transportation index in Allen is 95.
The Utilities index in Allen is 116.
| Living Expense | Allen | Texas | National Average | |
|---|---|---|---|---|
| Overall | 129 | 90 | 100 | |
| Services | 120 | 94 | 100 | |
| Groceries | 98 | 98 | 100 | |
| Health | 111 | 95 | 100 | |
| Housing | 168 | 85 | 100 | |
| Transportation | 95 | 94 | 100 | |
| Utilities | 116 | 102 | 100 | |
Allen, TX Housing Cost Breakdown
Housing swings affordability the most between places in Texas, 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 Allen is $495,615.
The Median Rent in Allen is $1,877.
The Median Income in Allen is $129,130.
The Home Value To Income in Allen is 3.8x.
The Rent To Monthly Income in Allen is 0.17x.
Median Home Value
Median Rent
Median Income
Allen, TX Costs By Category
Detailed Allen Services Costs Vs. Texas
Detailed Allen Groceries Costs Vs. Texas
Detailed Allen Health Costs Vs. Texas
Detailed Allen Transportation Costs Vs. Texas
Detailed Allen Utilities Costs Vs. Texas
Allen SnackAbility
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Cost Of Living In Cities Around Allen
The cost of living varies in the cities and towns around Allen. Here's a quick look at the cost of living in the most populous nearby places:
Plano, TX has a cost of living index of 129, 1.0x Allen.
Frisco, TX has a cost of living index of 139, 1.1x Allen.
McKinney, TX has a cost of living index of 130, 1.0x Allen.
| City | Population | Cost Of Living | Vs. Allen |
|---|---|---|---|
| Plano, TX | 287,339 | 129 | 1.0x |
| Frisco, TX | 210,238 | 139 | 1.1x |
| McKinney, TX | 202,314 | 130 | 1.0x |
| Carrollton, TX | 132,741 | 120 | 0.9x |
| Lewisville, TX | 128,313 | 118 | 0.9x |
| Richardson, TX | 118,269 | 123 | 1.0x |
| The Colony, TX | 44,916 | 120 | 0.9x |
| Sachse, TX | 29,075 | 122 | 0.9x |
| University Park, TX | 25,104 | 248 | 1.9x |
| Murphy, TX | 21,001 | 143 | 1.1x |
