Cost of Living

When compared to other American metropolitan areas, living in Plano helps your money go further. With a relatively low cost of living and affordable housing, you can enjoy a lifestyle that would be all but impossible in Los Angeles, Boston or New York; not to mention considerably less traffic, lower crime rate and less hassle overall. Low property taxes also play a role. The City allows residents a significant homestead exemption, enabling Plano to have the lowest tax rate in the DFW metro.

The chart below shows why Plano was recently named one of “Best Places to Live” by Money Magazine and was named “Best Place to Build Wealth” by Plano provides great career opportunities in a low cost environment. More information is also available from Economic Development.

Cost of Living and Housing Comparisons

COP cost living