Skyline of Plano
Cost of Living: 108.5 288,253

Plano, TX, US

Dallas suburb with corporate headquarters, excellent schools, and no state income tax.

Updated July 6, 2026
Cost of Living 108.5

Above Average vs US avg (100)

Housing Index 118.2

Above Average

Median Income $96,000

Household income

Unemployment 3.0%

Job market health

Plano vs US Average

Cost of Living
Plano: 108.5
US Avg: 100
Housing Index
Plano: 118.2
US Avg: 100

Taxes

  • State Income Tax: None
  • Sales Tax: 8.2%

Economy & Jobs

  • Median Income: $96,000
  • Unemployment: 3.0%
  • Population: 288,253

Climate

  • Sunny Days: 232/year
  • Summer High: 96°F
  • Winter Low: 35°F

Housing

  • Median Home: $450,000
  • 1BR Rent: $1600/mo

Cost of Living

Plano's cost of living index is 108.5 (US average = 100).

CategoryPlanoNational AverageDifference
Overall108.5100+8.5%
Housing118.2100+18.2%

Data source: Council for Community and Economic Research (C2ER), 2026

Housing Market

MetricValue
Median Home Price$450,000
Median Rent (1BR)$1600/mo
Median Rent (2BR)$2,000/mo
Price per Sq Ft$300

Data source: Zillow Research, May 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

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$90,000 down
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Utilities

Estimated monthly utility costs for a typical household in Plano:

UtilityEstimated Monthly CostNotes
Electricity$135Based on ~900 kWh/month typical US household usage
Heating (Gas/Oil)$160Estimated based on local climate. Gas or electric
Water$80Includes sewer
Internet (100+ Mbps)$55Broadband average
Garbage / Trash$30Private service
Total Utilities$460Monthly estimate (including heating)

Data sources: U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Best Neighborhoods

Downtown Plano

The heart of the city with restaurants, shops, and entertainment. Average rent: $1,920/mo.

Plano Heights

Trendy area with local businesses and a mix of historic and modern housing. Average rent: $1,760/mo.

East Plano

Up-and-coming neighborhood with new developments and young professionals. Average rent: $1,440/mo.

West Plano

Family-friendly area with parks and good schools. Average rent: $1,520/mo.

Remote Work Score

Plano scores 115/100 for remote work readiness:

  • Internet Speed: Average 200 Mbps (Good)
  • Coworking Spaces: 15+ locations (Good)
  • Cost of Living: Good
  • Climate: 232 year (Good)
  • Quality of Life: Good

Climate

Plano has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January55°F35°F2.5"
April81°F50°F2.8"
July96°F71°F1.5"
October76°F53°F2.2"

Taxes

  • State Income Tax: 0% (None)
  • Sales Tax: 8.25%
  • Property Tax: ~1.93% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 3.0%.

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Plano, TX, US?

The cost of living index in Plano is 108.5, which is Higher the US national average of 100.

How much does it cost to buy a home in Plano?

The median home price in Plano is $450,000. The housing index is 118.2.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Plano is approximately $1600/mo.

Does Plano, TX have income tax?

Plano is in TX, which has no income tax.

What is the climate like in Plano?

Plano enjoys approximately 232 sunny days per year. Summer highs reach around <no value>°F,96°F, while winter lows can drop to around <no value>°F.35°F.

Data Sources

  • Cost of Living: Council for Community and Economic Research (C2ER), 2026
  • Housing Data: Zillow Research, 2026
  • Income & Employment: US Census Bureau American Community Survey, 2024

Data last updated: July 6, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.