Housing costs in Plano?
A typical home costs
$414,100, which is 22.5% more expensive than the national average of
$338,100 and 39.1% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Plano costs
$1,830 per month, which is 43.0% more than the national average of
$1,280 and 16.4% more than the state average of
$1,530.
Can I afford Plano?
To live comfortably in Plano (zip 75023), Texas, a minimum annual income of
$79,200 for a family, and
$62,000 for a single person is recommended.
What does A.I. say about Plano?
The cost of living in 75023 Plano, TX is generally quite high compared to the national average. According to BestPlaces's Cost of Living Index, the cost of living in this area is approximately 9% higher than the national average. Rent prices tend to be particularly expensive, ranging from $1,000/month for a one-bedroom apartment to over $3000/month for a four bedroom house. Groceries and restaurant meals are also significantly more expensive than other parts of Texas or the US as a whole. Additionally, utilities such as gas and electricity can be pricey due to the hot summer climate in this area. However, overall Plano tends to offer an excellent quality of life with plenty of job opportunities and entertainment options available for residents.