What is the cost of living in Plano, TX?
According to the most recent data on the cost of living, Plano has an overall cost of living index of 120, which is 1.2x higher than the national index of 100.
Compared to Texas, Plano has a cost of living index that's 1.3x higher than Texas's index of 93.
The standard of living in Plano ranks as #370 most affordable out of the 419 places we measured in Texas. By definition, that implies Plano ranks as the #49 most expensive place in the Lone Star State.
For more reading on life in Plano, check out:
Plano Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Plano. Here is how it fares on each of the criteria:
The Services index in Plano is 97.
The Groceries index in Plano is 99.
The Health index in Plano is 176.
The Housing index in Plano is 101.
The Transportation index in Plano is 100.
The Utilities index in Plano is 105.
| Living Expense | Plano | Texas | National Average |
|---|---|---|---|
| Overall | 120 | 93 | 100 |
| Services | 97 | 100 | 100 |
| Groceries | 99 | 99 | 100 |
| Health | 176 | 81 | 100 |
| Housing | 101 | 97 | 100 |
| Transportation | 100 | 103 | 100 |
| Utilities | 105 | 100 | 100 |
Plano 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 Plano Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Plano, 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 Plano is $498,989.
The Median Rent in Plano is $1,841.
The Median Income in Plano is $112,253.
The Home Value To Income in Plano is 4.4x.
The Rent To Monthly Income in Plano is 0.2x.
Plano, TX Costs By Category
Detailed Plano Services costs vs. Texas
Detailed Plano Groceries costs vs. Texas
Detailed Plano Health costs vs. Texas
Detailed Plano Transportation costs vs. Texas
Plano SnackAbility
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:
Frisco, TX has a cost of living index of 133, 1.1x Plano.
McKinney, TX has a cost of living index of 122, 1.0x Plano.
Carrollton, TX has a cost of living index of 113, 0.9x Plano.
| City | Population | Cost Of Living | Vs. Plano |
|---|---|---|---|
| Frisco, TX | 219,304 | 133 | 1.1x |
| McKinney, TX | 210,600 | 122 | 1.0x |
| Carrollton, TX | 133,740 | 113 | 0.9x |
| Richardson, TX | 118,731 | 116 | 1.0x |
| Allen, TX | 110,265 | 120 | 1.0x |
| The Colony, TX | 45,454 | 111 | 0.9x |
| Coppell, TX | 42,154 | 132 | 1.1x |
| University Park, TX | 25,155 | 245 | 2.0x |
| Corinth, TX | 23,385 | 111 | 0.9x |
| Murphy, TX | 21,188 | 131 | 1.1x |
