CostIndexUSA

Des Moines, IA vs Plano, TX Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableIA
Des Moines
91.7
overall index
$1,250/mo rent
TX
Plano
103.1
overall index
$1,775/mo rent

Des Moines is moderately cheaper than Plano — 12.4% lower overall cost of living.

To match an $80,000 salary in Des Moines, you would need $89,900 in Plano. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+39.2%
Des Moines
84.7
Plano
117.9
🛒 Groceries+9.7%
Des Moines
93.7
Plano
102.8
🚗 Transportation+7.3%
Des Moines
97.6
Plano
104.7
🏥 Healthcare+7.2%
Des Moines
88.3
Plano
94.7
Utilities+7.2%
Des Moines
84.6
Plano
90.7

Salary Equivalency Calculator

Enter your current salary in Des Moines to see what you'd need to earn in Plano to maintain the same purchasing power.

$
Equivalent salary in Plano, TX
$89,900
$9,900 more needed in Plano

Formula: salary × (103.1 ÷ 91.7) = salary × 1.1243. Based on BEA Regional Price Parities.

Housing Market

Des Moines, IA

Median Home Price
$285,000
Median Monthly Rent
$1,250
Housing Index
84.7
Price-to-Rent Ratio
19.0×

Plano, TX

Median Home Price
$450,000
Median Monthly Rent
$1,775
Housing Index
117.9
Price-to-Rent Ratio
21.1×

Plano has 39.2% higher housing costs compared to Des Moines.

Income & Job Market

Des Moines, IA

Median Household Income
$82,700
Per Capita Income
$47,100
Unemployment Rate
3.1%
Population
214,237
Top Industries
FinanceInsuranceHealthcareGovernmentManufacturing

Plano, TX

Median Household Income
$86,900
Per Capita Income
$49,500
Unemployment Rate
3.9%
Population
285,494
Top Industries
TechnologyFinanceHealthcareTelecommunicationsRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Des Moines, IA
5.5×income-to-rent ratio

82% of income left after rent (median)

Plano, TX
4.1×income-to-rent ratio

75% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.