Cost of Living in Plano, TX
|Cost of Living in Plano, TX||Compared to State Average||Compared to National Average|
|Housing (Buy and Rent)||48% higher||26% higher|
|Utilities (Monthly)||9% higher||12% higher|
|Food||6% higher||4% lower|
|Healthcare||19% lower||23% lower|
|Transportation||3% higher||6% lower|
|Goods & Services||17% higher||13% higher|
The cost of living in Plano, TX is 20% higher than the state average and 11% higher than the national average. Plano, TX housing is 26% more expensive than the U.S average, while utilities are about 12% pricier. When it comes to basic necessities such as food and clothing, groceries are around 13% more in Plano, TX than in the rest of the country, while clothing costs around 13% more .
Healthcare services such as doctor check-ups and dentistry cost 23% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 13% pricier in Plano, TX.
Housing (Buy and Rent)
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 $1,724, while home prices circle around $480,198.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Plano, energy bills cost around $202.90 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 $1.96 in Plano, a dozen eggs go for around $1.11 and a pound of potatoes circles around $2.78.
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 $125.00, while a dentist appointment is priced $78.17 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $2.11 in Plano, while getting your tires balanced will run you about $49.91.
Goods & Services
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 $26.05 here. Meanwhile, a pair of women's slacks will set you back around $24.74.
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 $12.17 a month. When it comes to personal services, a haircut usually goes for $18.23, while dry cleaning costs about $10.91.
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 $96,348.