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 120, which is 1.2x higher than the national index of 100.
Compared to Texas, Allen has a cost of living index that's 1.3x higher than Texas's index of 93.
The standard of living in Allen ranks as #370 most affordable out of the 419 places we measured in Texas. By definition, that implies Allen ranks as the #49 most expensive place in the Lone Star State.
For more reading on life in Allen, check out:
Allen Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Allen. Here is how it fares on each of the criteria:
The Services index in Allen is 100.
The Groceries index in Allen is 103.
The Health index in Allen is 173.
The Housing index in Allen is 100.
The Transportation index in Allen is 104.
The Utilities index in Allen is 99.
| Living Expense | Allen | Texas | National Average |
|---|---|---|---|
| Overall | 120 | 93 | 100 |
| Services | 100 | 100 | 100 |
| Groceries | 103 | 99 | 100 |
| Health | 173 | 81 | 100 |
| Housing | 100 | 97 | 100 |
| Transportation | 104 | 103 | 100 |
| Utilities | 99 | 100 | 100 |
Allen Cost Of Living Compared To Texas Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Texas, check out:
Protect your home budget Compare home warranties in Allen Get matched →Source: Cost-of-living index 2026, normalized to US average = 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 2020-2024. The key points are:
The Median Home Value in Allen is $493,531.
The Median Rent in Allen is $1,932.
The Median Income in Allen is $130,901.
The Home Value To Income in Allen is 3.8x.
The Rent To Monthly Income in Allen is 0.18x.
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
Allen SnackAbility
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 120, 1.0x Allen.
Frisco, TX has a cost of living index of 133, 1.1x Allen.
McKinney, TX has a cost of living index of 122, 1.0x Allen.
| City | Population | Cost Of Living | Vs. Allen |
|---|---|---|---|
| Plano, TX | 290,594 | 120 | 1.0x |
| Frisco, TX | 219,304 | 133 | 1.1x |
| McKinney, TX | 210,600 | 122 | 1.0x |
| Carrollton, TX | 133,740 | 113 | 0.9x |
| Lewisville, TX | 131,080 | 108 | 0.9x |
| Richardson, TX | 118,731 | 116 | 1.0x |
| The Colony, TX | 45,454 | 111 | 0.9x |
| Sachse, TX | 30,491 | 112 | 0.9x |
| University Park, TX | 25,155 | 245 | 2.0x |
| Murphy, TX | 21,188 | 131 | 1.1x |
