Plano is 8% 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
$1,867
$2,010
🛏️ 2-bedroom rent
$1,573
$2,058
💵 Families earn per year
$56,147
$121,065
🔑 Buying a house
$373,700
$465,900
📊 Overall prices (U.S. = 100)
112.6
103.1
🏛️ Property tax per year
$7,262
$6,700
⚡ Electric bill per month
$143
$176
👥 People living there
310,178
290,594
Commute to work
32.6 min
25.4 min
College degree
19.7%
60.5%
Own their home
24.4%
56.9%
Below poverty line
23.4%
6.8%
Unemployment
11.6%
4%
Bottom line
- Pick Newark for lower rent, cheaper 2-bedroom apartments, cheaper homes.
- Pick Plano for higher incomes, shorter commutes, a more educated workforce and 2 more.
Pay for the same job
| Job | Newark | Plano | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $47,610 | $24,160 | -49% in Plano |
| Firefighter | $106,420 | $64,900 | -39% in Plano |
| Carpenter | $74,300 | $48,740 | -34% in Plano |
| Elementary School Teacher | $96,900 | $65,070 | -33% in Plano |
| Operations Manager | $157,000 | $111,010 | -29% in Plano |
| Electrician | $79,020 | $59,010 | -25% in Plano |
| Market Research Analyst | $100,520 | $75,240 | -25% in Plano |
| HVAC Technician | $77,990 | $59,560 | -24% in Plano |
Frequently asked questions
Is Newark or Plano cheaper to live in?
Plano is about 8% cheaper overall. Rent is $2,010 a month there versus $1,867 in Newark.
What salary do I need in Plano to match $60,000 in Newark?
About $54,951 a year gives the same standard of living in Plano.
Where do people earn more, Newark or Plano?
The typical household earns $56,147 in Newark and $121,065 in Plano, 54% more in Plano.