Cost of Living: Plano, TX vs El Paso, TX

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Plano, TX versus $4,516/mo in El Paso, TX. In the model, rent is about 11.19% of gross in Plano, TX versus 15.17% in El Paso, TX, so Plano, TX tends to feel more affordable for rent.

Take-home in Plano, TX
$4,516/mo
Income level: above
Take-home in El Paso, TX
$4,516/mo
Income level: above
Rent share (1BR) in Plano, TX
11.19%
COLI tier: mid-range
Rent share (1BR) in El Paso, TX
15.17%
COLI tier: lower-cost

Compare cost of living, rent, housing prices, and salary affordability between Plano, TX and El Paso, TX.

At a glance

  • Cheaper overall (lower cost-of-living index): El Paso, TX
  • Lower rent (median 1BR/2BR): Plano, TX
  • Lower home prices: El Paso, TX
  • Higher median household income: El Paso, TX

Cost of Living Index

Plano, TX: 104.2 (U.S. = 100) · El Paso, TX: 85.2 (U.S. = 100)

El Paso, TX has a lower cost-of-living index than Plano, TX, so a given salary generally stretches further there.

Median Rent

Plano, TX: $730/mo (midpoint of 1BR/2BR) · El Paso, TX: $989/mo

Median rent in El Paso, TX is $259/mo higher than in Plano, TX.

Median Home Price

Plano, TX: $216,000 · El Paso, TX: $171,700

Median home price in Plano, TX is $44,300 higher than in El Paso, TX.

Median Household Income

Plano, TX: $52,612 · El Paso, TX: $58,734

El Paso, TX has a higher median household income than Plano, TX by $6,122.

Plano, TX overview · El Paso, TX overview · Popular comparisons