Cost of Living in Plano, TX
| Cost of Living in Plano, TX | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 35% higher | 11% higher |
| Utilities (Monthly) | 14% higher | 13% higher |
| Food | 2% higher | 2% lower |
| Healthcare | 23% higher | 21% higher |
| Transportation | 7% higher | 1% higher |
| Goods & Services | 10% higher | 11% higher |
The cost of living in Plano, TX is 16% higher than the state average and 8% higher than the national average. Plano, TX housing is 11% more expensive than the U.S average, while utilities are about 13% pricier. When it comes to basic necessities such as food and clothing, groceries are around 2% cheaper in Plano, TX than in the rest of the country, while clothing costs around 11% more .
Healthcare services such as doctor check-ups and dentistry cost 21% more here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 11% 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 $1,689, while home prices circle around $592,847.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Plano, energy bills cost around $259.77 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 $4.50 in Plano, a dozen eggs go for around $4.30 and a pound of potatoes circles around $5.51.
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 $160.92, while a dentist appointment is priced $177.45 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $2.77 in Plano, while getting your tires balanced will run you about $82.51.
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 $43.54 here. Meanwhile, a pair of women's slacks will set you back around $45.70.
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 $13.77 a month. When it comes to personal services, a haircut usually goes for $24.25, while dry cleaning costs about $14.12.
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 $112,253.