Cost of Living in Plano, IA

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

81.2

100 = national avg

-18.8 vs national average

Living Wage (1 Adult)

$35,739

per year

Living Wage (Family of 4)

$84,475

per year

Cost Index by Category

Housing
57.9
Food
96.4
Transportation
92.8
Healthcare
97.1
Utilities
89.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$700

per month

2 Bedroom

$919

per month

The overall cost of living index in Plano is 81.2, which is 18.8% below the national average. Housing costs are below the national average at an index of 57.9. A single adult needs to earn approximately $35,739 per year to cover basic expenses.