States › Texas › Plano

Is Plano, TX expensive to live in?

CheapRent takes 20 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,01015% higher than U.S. average
💵 Families earn per year (2026)$121,065about $10,089/month · 39% higher than U.S. average
🔑 House price$465,90040% higher than U.S. average

Rent is higher than in 69% of U.S. cities. A typical house costs about 3.8 years of household income. It is a highly educated city: 60.5% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $80,400 a year. That is $39 an hour at a full-time job.

Is rent cheaper than other Texas cities?

No. Rent here is more expensive than in most of Texas. It is number 341 of 426 cities from cheapest to most expensive.

Plano
$2,010
$1,301
$1,110
$1,892
$1,813
$2,246

Compare Plano with other big cities

vs New Yorkvs Los Angelesvs Chicagovs Houstonvs San Antoniovs Dallasvs Austinvs Fort Worthvs Bakersfieldvs Atlantavs San Bernardinovs McKinney

Compare Plano to 149 other cities →

How much do households earn in Plano?

Under $25k
6.7%
$25k–50k
13.3%
$50k–100k
32.1%
$100k–150k
21.3%
$150k+
23.6%

Share of households by yearly income. 44.8% of households earn $100,000 or more.

Rent by apartment size in Plano

SizePlanoU.S. average
Studio$1,679$1,338
1 bedroom$1,651$1,324
2 bedrooms$2,058$1,509
3 bedrooms$2,462$1,698
4 bedrooms$3,181$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Plano overall?

Everyday prices in the Dallas-Fort Worth-Arlington metro area are 3% above the U.S. average (index 103.1, U.S. = 100).

Housing
118
Goods (food, clothes…)
103
Utilities
91
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.

Taxes and bills in Plano

🏛️ Property tax$6,700a year · 1.44% of home value · U.S. $3,119
⚡ Electric bill$176a month (typical) · U.S. $156

Life in Plano

Commute to work25.4 minU.S.: 26.4 min
College degree60.5%U.S.: 35.7%
Own their home56.9%U.S.: 65.2%
Below poverty line6.8%U.S.: 12.5%
Unemployment4%U.S.: 5.2%

What jobs pay in Plano

JobMedian payRent / pay
Lawyer$168,51014.3%
Pharmacist$138,17017.5%
Physician Assistant$134,90017.9%
Software Developer$133,29018.1%
Nurse Practitioner$130,98018.4%
Computer Systems Analyst$122,52019.7%
Operations Manager$111,01021.7%
Dental Hygienist$101,87023.7%
Registered Nurse$101,42023.8%
Civil Engineer$96,92024.9%
Police Officer$92,91026.0%
Accountant$82,62029.2%
Market Research Analyst$75,24032.1%
Elementary School Teacher$65,07037.1%
Firefighter$64,90037.2%
Licensed Practical Nurse$64,37037.5%
Plumber$61,25039.4%
HVAC Technician$59,56040.5%
Truck Driver$59,53040.5%
Electrician$59,01040.9%
Carpenter$48,74049.5%
Customer Service Representative$44,99053.6%
Medical Assistant$43,10056.0%
Nursing Assistant$38,53062.6%
Warehouse Worker$38,51062.6%
Restaurant Cook$36,49066.1%
Retail Salesperson$33,40072.2%
Cashier$29,91080.6%
Server (Waiter/Waitress)$24,16099.8%

Is it cheaper to rent or buy in Plano?

Renting is cheaper right now: about $1,223 a month less.

Renting
$2,010
Owning
$3,233

Owning assumes a typical $465,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $46,590 for the down payment.

Frequently asked questions

What is the average rent in Plano, TX?

Renting in Plano costs a median of about $2,010 a month in 2026, including utilities. The Texas median is $1,451.

How much do I need to make to live in Plano?

To keep rent under 30% of income, you need about $80,400 a year, or $39 an hour at a full-time job.

Is Plano cheap or expensive?

Plano is rated Cheap: rent takes 19.9% of the typical household income of $121,065. It ranks 341st cheapest of 426 Texas cities we track.

How much are property taxes in Plano?

The median homeowner in Plano pays $6,700 a year in property taxes, about 1.44% of the median home value.

Is Plano more expensive than the national average?

Overall prices in the metro area are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Plano?

The median home value in Plano is $465,900, about 3.8 times the typical yearly household income.

290,594 people live in Plano. Numbers are typical (middle) values.