What is the cost of living in Prosper, TX?
According to the most recent data on the cost of living, Prosper has an overall cost of living index of 142, which is 1.4x higher than the national index of 100.
Compared to Texas, Prosper has a cost of living index that's 1.5x higher than Texas's index of 93.
The standard of living in Prosper ranks as #401 most affordable out of the 419 places we measured in Texas. By definition, that implies Prosper ranks as the #18 most expensive place in the Lone Star State.
For more reading on life in Prosper, check out:
Prosper Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Prosper. Here is how it fares on each of the criteria:
The Services index in Prosper is 98.
The Groceries index in Prosper is 95.
The Health index in Prosper is 238.
The Housing index in Prosper is 103.
The Transportation index in Prosper is 101.
The Utilities index in Prosper is 101.
| Living Expense | Prosper | Texas | National Average |
|---|---|---|---|
| Overall | 142 | 93 | 100 |
| Services | 98 | 100 | 100 |
| Groceries | 95 | 99 | 100 |
| Health | 238 | 81 | 100 |
| Housing | 103 | 97 | 100 |
| Transportation | 101 | 103 | 100 |
| Utilities | 101 | 100 | 100 |
Prosper 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 Prosper Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Prosper, 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 Prosper is $784,350.
The Median Rent in Prosper is $2,176.
The Median Income in Prosper is $195,281.
The Home Value To Income in Prosper is 4.0x.
The Rent To Monthly Income in Prosper is 0.13x.
Prosper, TX Costs By Category
Detailed Prosper Services costs vs. Texas
Detailed Prosper Groceries costs vs. Texas
Detailed Prosper Health costs vs. Texas
Detailed Prosper Transportation costs vs. Texas
Prosper SnackAbility
Cost Of Living In Cities Around Prosper
The cost of living varies in the cities and towns around Prosper. 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, 0.8x Prosper.
Frisco, TX has a cost of living index of 133, 0.9x Prosper.
McKinney, TX has a cost of living index of 122, 0.9x Prosper.
| City | Population | Cost Of Living | Vs. Prosper |
|---|---|---|---|
| Plano, TX | 290,594 | 120 | 0.8x |
| Frisco, TX | 219,304 | 133 | 0.9x |
| McKinney, TX | 210,600 | 122 | 0.9x |
| Carrollton, TX | 133,740 | 113 | 0.8x |
| Lewisville, TX | 131,080 | 108 | 0.8x |
| Richardson, TX | 118,731 | 116 | 0.8x |
| Allen, TX | 110,265 | 120 | 0.8x |
| Little Elm, TX | 54,820 | 118 | 0.8x |
| The Colony, TX | 45,454 | 111 | 0.8x |
| Celina, TX | 34,268 | 120 | 0.8x |
