Cost of Living in Plano, TX
| Cost of Living in Plano, TX | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 63% higher | 37% higher |
| Utilities (Monthly) | 14% higher | 17% higher |
| Food | 6% higher | 4% lower |
| Healthcare | 15% higher | 8% higher |
| Transportation | 3% higher | 0% |
| Goods & Services | 34% higher | 29% higher |
The cost of living in Plano, TX is 32% higher than the state average and 22% higher than the national average. Plano, TX housing is 37% more expensive than the U.S average, while utilities are about 17% pricier. When it comes to basic necessities such as food and clothing, groceries are around 29% more in Plano, TX than in the rest of the country, while clothing costs around 29% more .
Healthcare services such as doctor check-ups and dentistry cost 8% more here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 29% pricier in Plano, TX.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Plano is $1,803, while home prices circle around $656,063.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Plano, energy bills cost around $222.06 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $2.83 in Plano, a dozen eggs go for around $2.80 and a pound of potatoes circles around $3.34.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Plano, an optometry check-up costs around $123.91, while a dentist appointment is priced $131.75 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.54 in Plano, while getting your tires balanced will run you about $63.44.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $33.74 here. Meanwhile, a pair of women's slacks will set you back around $30.22.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Plano, you should budget around $12.62 a month. When it comes to personal services, a haircut usually goes for $19.94, while dry cleaning costs about $11.98.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Plano, the median household income is $99,729.