Plano is 22% cheaper than Downey.
When comparing Plano, TX and Downey, CA, the overall cost of living indices are 132 and 169 respectively (national median = 100). Rent is $100/month cheaper in Plano, saving renters about $1,200/year.
Median household income is $21,249/year higher in Plano. Home values also differ significantly — the median in Plano is $440,600 compared to $728,500 in Downey.
Texas has no state income tax, giving Plano residents a significant tax advantage over California's 13.3% rate.
Plano vs Downey — common questions
Other cost of living comparisons for Plano and Downey