CostIndexUSA

Plano, TX vs Racine, WI Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

TX
Plano
103.1
overall index
$1,775/mo rent
More AffordableWI
Racine
96
overall index
$1,325/mo rent

Racine is moderately cheaper than Plano — 6.9% lower overall cost of living.

To match an $80,000 salary in Plano, you would need $74,500 in Racine. Calculate your salary ↓

Category Breakdown

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

🏠 Housing22.0%
Plano
117.9
Racine
92
🛒 Groceries8.8%
Plano
102.8
Racine
93.8
🚗 Transportation≈ Equal
Plano
104.7
Racine
104.4
🏥 Healthcare≈ Equal
Plano
94.7
Racine
94.4
Utilities0.8%
Plano
90.7
Racine
90

Salary Equivalency Calculator

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

$
Equivalent salary in Racine, WI
$74,500
$5,500 less needed in Racine

Formula: salary × (96 ÷ 103.1) = salary × 0.9311. 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×

Racine, WI

Median Home Price
$293,000
Median Monthly Rent
$1,325
Housing Index
92
Price-to-Rent Ratio
18.4×

Plano has 22.0% lower housing costs compared to Racine.

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

Racine, WI

Median Household Income
$74,000
Per Capita Income
$42,200
Unemployment Rate
3.6%
Population
78,900
Top Industries
ManufacturingHealthcareRetailTechnologyFinance

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)

Racine, WI
4.7×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.