Housing costs in Plano?
A typical home costs
$360,300, which is 6.6% more expensive than the national average of
$338,100 and 21.1% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Plano costs
$1,790 per month, which is 39.8% more than the national average of
$1,280 and 14.5% more than the state average of
$1,530.
Can I afford Plano?
To live comfortably in Plano (zip 75074), Texas, a minimum annual income of
$69,120 for a family, and
$60,800 for a single person is recommended.
What does A.I. say about Plano?
The cost of living in Plano, TX (zip code 75074) is quite reasonable. According to the Cost of Living Index, Plano has an overall score of 104.7 which means it is slightly above the national average but still offers residents a very affordable lifestyle. The median home cost in Plano is around $343,400 which can be considered somewhat expensive for the area due to the high demand for real estate but still much lower than other areas such as Dallas and Fort Worth. Groceries, utilities, transportation and healthcare all remain below the national average making it a great place to live while still enjoying a good quality of life.