Cost of Living: Frisco, TX vs Independence, MO (2026)

Frisco

Texas
162
VS

Independence

Missouri
67

Frisco is 142% more expensive than Independence.

$1,902/mo ↑ 79%
Median Rent
$1,061/mo ↓ 44%
$146,158/yr ↑ 146%
Median Income
$59,480/yr ↓ 59%
$595,400 ↑ 258%
Home Value
$166,400 ↓ 72%
$2,389/mo ↑ 128%
Owner Costs
$1,046/mo ↓ 56%
210,238
Population
121,944

Tax Comparison

0%
Income Tax
4.95%
6.25%
State Sales Tax
4.225%
1.6%
Property Tax
0.93%

Affordability

15.6%
rent-to-income
Affordability
21.4%
rent-to-income

Detailed Comparison

When comparing Frisco, TX and Independence, MO, the overall cost of living indices are 162 and 67 respectively (national median = 100). Rent is $841/month cheaper in Independence, saving renters about $10,092/year.

Median household income is $86,678/year higher in Frisco. Home values also differ significantly — the median in Frisco is $595,400 compared to $166,400 in Independence.

Texas has no state income tax, giving Frisco residents a significant tax advantage over Missouri's 4.95% rate.

Frequently Asked Questions

Frisco vs Independence — common questions

Is Frisco or Independence cheaper to live in?
Based on our cost index, Independence is cheaper to live in with an index of 67 compared to 162 (US average = 100).
What is the rent difference between Frisco and Independence?
Median rent in Frisco is $1,902/month and in Independence it's $1,061/month — a difference of $841/month.
Which city has higher income, Frisco or Independence?
Median household income is $146,158 in Frisco and $59,480 in Independence. Median household income is $86,678/year higher in Frisco.
How do taxes compare between Texas and Missouri?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Missouri has 4.95% income tax, 4.225% sales tax, and 0.93% property tax.
Should I move to Frisco or Independence?
It depends on your priorities. Frisco has a cost index of 162 with median rent of $1,902/mo, while Independence has a cost index of 67 with rent of $1,061/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Frisco details → View Independence details →

More Comparisons

Other cost of living comparisons for Frisco and Independence

Frisco vs. Moreno Valley Frisco vs. Rochester Frisco vs. Fontana Frisco vs. Fayetteville Frisco vs. Des Moines Frisco vs. Yonkers Independence vs. College Station Independence vs. Rochester Independence vs. Clovis Independence vs. Lafayette Independence vs. Arvada Independence vs. Ann Arbor