Texas · Population 210,238 · Updated March 2026
How far your income goes in Frisco
State-level tax rates that affect your costs
Frisco has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 162 (where 100 equals the national median), Frisco residents can expect to pay median rent of $1,902/month while earning a median household income of $146,158/year.
The median home value in Frisco, TX is $595,400, with typical monthly owner costs around $2,389 including mortgage, insurance, and taxes. The median rent-to-income ratio of 15.6% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.
Texas has no state income tax, which can represent significant savings compared to high-tax states. Combined with a 6.25% sales tax rate and 1.6% effective property tax rate, the overall tax environment helps keep costs manageable in Frisco.
Common questions about living costs in Frisco