Cost of Living: Jersey, NJ vs Plano, TX (2026)

Jersey

New Jersey
148
VS

Plano

Texas
132

Jersey is 16% more expensive than Plano.

$1,902/mo ↑ 6%
Median Rent
$1,792/mo ↓ 6%
$94,813/yr ↓ 13%
Median Income
$108,649/yr ↑ 15%
$534,500 ↑ 21%
Home Value
$440,600 ↓ 18%
$2,006/mo ↑ 10%
Owner Costs
$1,829/mo ↓ 9%
289,691
Population
287,339

Tax Comparison

10.75%
Income Tax
0%
6.625%
Sales Tax
6.25%
2.23%
Property Tax
1.6%

Affordability

24.1%
rent-to-income
Affordability
19.8%
rent-to-income

Detailed Comparison

When comparing Jersey, NJ and Plano, TX, the overall cost of living indices are 148 and 132 respectively (national median = 100). Rent is $110/month cheaper in Plano, saving renters about $1,320/year.

Median household income is $13,836/year higher in Plano. Home values also differ significantly — the median in Jersey is $534,500 compared to $440,600 in Plano.

Texas has no state income tax, giving Plano residents a significant tax advantage over New Jersey's 10.75% rate.

Frequently Asked Questions

Jersey vs Plano — common questions

Is Jersey or Plano cheaper to live in?
Based on our cost index, Plano is cheaper to live in with an index of 132 compared to 148 (US average = 100).
What is the rent difference between Jersey and Plano?
Median rent in Jersey is $1,902/month and in Plano it's $1,792/month — a difference of $110/month.
Which city has higher income, Jersey or Plano?
Median household income is $94,813 in Jersey and $108,649 in Plano. Median household income is $13,836/year higher in Plano.
How do taxes compare between New Jersey and Texas?
New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Jersey or Plano?
It depends on your priorities. Jersey has a cost index of 148 with median rent of $1,902/mo, while Plano has a cost index of 132 with rent of $1,792/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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