salaryMadison is 6% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Plano to live the same way.
🏠 Rent per month
$1,723
$2,010
🛏️ 2-bedroom rent
$1,628
$2,058
💵 Families earn per year
$84,177
$121,065
🔑 Buying a house
$372,900
$465,900
📊 Overall prices (U.S. = 100)
97.3
103.1
🏛️ Property tax per year
$6,541
$6,700
⚡ Electric bill per month
$120
$176
👥 People living there
278,001
290,594
Commute to work
19.4 min
25.4 min
College degree
59.9%
60.5%
Own their home
46%
56.9%
Below poverty line
16.4%
6.8%
Unemployment
2.7%
4%
Bottom line
- Pick Madison for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
- Pick Plano for higher incomes, a more educated workforce, less poverty.
Pay for the same job
| Job | Madison | Plano | Difference |
|---|---|---|---|
| Lawyer | $124,130 | $168,510 | +36% in Plano |
| Plumber | $85,160 | $61,250 | -28% in Plano |
| Electrician | $78,430 | $59,010 | -25% in Plano |
| Carpenter | $63,480 | $48,740 | -23% in Plano |
| Computer Systems Analyst | $100,550 | $122,520 | +22% in Plano |
| Server (Waiter/Waitress) | $30,910 | $24,160 | -22% in Plano |
| Police Officer | $80,580 | $92,910 | +15% in Plano |
| Firefighter | $56,430 | $64,900 | +15% in Plano |
Frequently asked questions
Is Madison or Plano cheaper to live in?
Madison is about 6% cheaper overall. Rent is $1,723 a month there versus $2,010 in Plano.
What salary do I need in Plano to match $60,000 in Madison?
About $63,579 a year gives the same standard of living in Plano.
Where do people earn more, Madison or Plano?
The typical household earns $84,177 in Madison and $121,065 in Plano, 30% more in Plano.