Cost of Living in Plano, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
167.3
100 = national avg
+67.3 vs national average
Living Wage (1 Adult)
$73,597
per year
Living Wage (Family of 4)
$173,956
per year
Cost Index by Category
Housing221.8
Food133.0
Transportation118.1
Healthcare126.4
Utilities144.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,648
per month
2 Bedroom
$1,931
per month
The overall cost of living index in Plano is 167.3, which is 67.3% above the national average. Housing costs are above the national average at an index of 221.8. A single adult needs to earn approximately $73,597 per year to cover basic expenses.