Cost of Living: Hollywood, FL vs Allen, TX (2026)

Hollywood

Florida
113
VS

Allen

Texas
137

Hollywood is 18% cheaper than Allen.

$1,555/mo ↓ 17%
Median Rent
$1,877/mo ↑ 21%
$65,359/yr ↓ 49%
Median Income
$129,130/yr ↑ 98%
$374,200 ↓ 13%
Home Value
$429,900 ↑ 15%
$1,568/mo ↓ 25%
Owner Costs
$2,083/mo ↑ 33%
152,935
Population
107,684

Tax Comparison

0%
Income Tax
0%
6.0%
State Sales Tax
6.25%
0.86%
Property Tax
1.6%

Affordability

28.6%
rent-to-income
Affordability
17.4%
rent-to-income

Detailed Comparison

When comparing Hollywood, FL and Allen, TX, the overall cost of living indices are 113 and 137 respectively (national median = 100). Rent is $322/month cheaper in Hollywood, saving renters about $3,864/year.

Median household income is $63,771/year higher in Allen. Home values also differ significantly — the median in Hollywood is $374,200 compared to $429,900 in Allen.

Frequently Asked Questions

Hollywood vs Allen — common questions

Is Hollywood or Allen cheaper to live in?
Based on our cost index, Hollywood is cheaper to live in with an index of 113 compared to 137 (US average = 100).
What is the rent difference between Hollywood and Allen?
Median rent in Hollywood is $1,555/month and in Allen it's $1,877/month — a difference of $322/month.
Which city has higher income, Hollywood or Allen?
Median household income is $65,359 in Hollywood and $129,130 in Allen. Median household income is $63,771/year higher in Allen.
How do taxes compare between Florida and Texas?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Hollywood or Allen?
It depends on your priorities. Hollywood has a cost index of 113 with median rent of $1,555/mo, while Allen has a cost index of 137 with rent of $1,877/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Hollywood details → View Allen details →

More Comparisons

Other cost of living comparisons for Hollywood and Allen

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