CostIndexUSA

Plano, TX vs Provo, UT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

TX
Plano
103.1
overall index
$1,775/mo rent
More AffordableUT
Provo
98.2
overall index
$1,750/mo rent

Provo is slightly cheaper than Plano — 4.8% lower overall cost of living.

To match an $80,000 salary in Plano, you would need $76,200 in Provo. Calculate your salary ↓

Category Breakdown

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

🏠 Housing11.7%
Plano
117.9
Provo
104.1
🛒 Groceries6.2%
Plano
102.8
Provo
96.4
🚗 Transportation0.8%
Plano
104.7
Provo
103.9
🏥 Healthcare0.7%
Plano
94.7
Provo
94
Utilities13.3%
Plano
90.7
Provo
78.6

Salary Equivalency Calculator

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

$
Equivalent salary in Provo, UT
$76,200
$3,800 less needed in Provo

Formula: salary × (98.2 ÷ 103.1) = salary × 0.9525. Based on BEA Regional Price Parities.

Housing Market

Plano, TX

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

Provo, UT

Median Home Price
$534,000
Median Monthly Rent
$1,750
Housing Index
104.1
Price-to-Rent Ratio
25.4×

Plano has 11.7% lower housing costs compared to Provo.

Income & Job Market

Plano, TX

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

Provo, UT

Median Household Income
$100,800
Per Capita Income
$57,500
Unemployment Rate
3.6%
Population
116,288
Top Industries
TechnologyEducationHealthcareManufacturingFinance

Affordability at a Glance

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

Plano, TX
4.1×income-to-rent ratio

75% of income left after rent (median)

Provo, UT
4.8×income-to-rent ratio

79% 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.