Cost of Living: Plano, TX vs Salt Lake City, UT (2026)

Plano

Texas
132
VS

Salt Lake City

Utah
117

Plano is 13% more expensive than Salt Lake City.

$1,792/mo ↑ 33%
Median Rent
$1,343/mo ↓ 25%
$108,649/yr ↑ 45%
Median Income
$74,925/yr ↓ 31%
$440,600 ↓ 11%
Home Value
$495,700 ↑ 13%
$1,829/mo ↑ 31%
Owner Costs
$1,394/mo ↓ 24%
287,339
Population
203,888

Tax Comparison

0%
Income Tax
4.65%
6.25%
State Sales Tax
6.1%
1.6%
Property Tax
0.58%

Affordability

19.8%
rent-to-income
Affordability
21.5%
rent-to-income

Detailed Comparison

When comparing Plano, TX and Salt Lake City, UT, the overall cost of living indices are 132 and 117 respectively (national median = 100). Rent is $449/month cheaper in Salt Lake City, saving renters about $5,388/year.

Median household income is $33,724/year higher in Plano. Home values also differ significantly — the median in Plano is $440,600 compared to $495,700 in Salt Lake City.

Texas has no state income tax, giving Plano residents a significant tax advantage over Utah's 4.65% rate.

Frequently Asked Questions

Plano vs Salt Lake City — common questions

Is Plano or Salt Lake City cheaper to live in?
Based on our cost index, Salt Lake City is cheaper to live in with an index of 117 compared to 132 (US average = 100).
What is the rent difference between Plano and Salt Lake City?
Median rent in Plano is $1,792/month and in Salt Lake City it's $1,343/month — a difference of $449/month.
Which city has higher income, Plano or Salt Lake City?
Median household income is $108,649 in Plano and $74,925 in Salt Lake City. Median household income is $33,724/year higher in Plano.
How do taxes compare between Texas and Utah?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Utah has 4.65% income tax, 6.1% sales tax, and 0.58% property tax.
Should I move to Plano or Salt Lake City?
It depends on your priorities. Plano has a cost index of 132 with median rent of $1,792/mo, while Salt Lake City has a cost index of 117 with rent of $1,343/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Plano details → View Salt Lake City details →

More Comparisons

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