Cost of Living: Plano, TX vs Simi Valley, CA (2026)

Plano

Texas
132
VS

Simi Valley

California
200

Plano is 34% cheaper than Simi Valley.

$1,792/mo ↓ 29%
Median Rent
$2,513/mo ↑ 40%
$108,649/yr ↓ 8%
Median Income
$117,703/yr ↑ 8%
$440,600 ↓ 42%
Home Value
$753,500 ↑ 71%
$1,829/mo ↓ 29%
Owner Costs
$2,576/mo ↑ 41%
287,339
Population
125,769

Tax Comparison

0%
Income Tax
13.3%
6.25%
State Sales Tax
7.25%
1.6%
Property Tax
0.71%

Affordability

19.8%
rent-to-income
Affordability
25.6%
rent-to-income

Detailed Comparison

When comparing Plano, TX and Simi Valley, CA, the overall cost of living indices are 132 and 200 respectively (national median = 100). Rent is $721/month cheaper in Plano, saving renters about $8,652/year.

Median household income is $9,054/year higher in Simi Valley. Home values also differ significantly — the median in Plano is $440,600 compared to $753,500 in Simi Valley.

Texas has no state income tax, giving Plano residents a significant tax advantage over California's 13.3% rate.

Frequently Asked Questions

Plano vs Simi Valley — common questions

Is Plano or Simi Valley cheaper to live in?
Based on our cost index, Plano is cheaper to live in with an index of 132 compared to 200 (US average = 100).
What is the rent difference between Plano and Simi Valley?
Median rent in Plano is $1,792/month and in Simi Valley it's $2,513/month — a difference of $721/month.
Which city has higher income, Plano or Simi Valley?
Median household income is $108,649 in Plano and $117,703 in Simi Valley. Median household income is $9,054/year higher in Simi Valley.
How do taxes compare between Texas and California?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. California has 13.3% income tax, 7.25% sales tax, and 0.71% property tax.
Should I move to Plano or Simi Valley?
It depends on your priorities. Plano has a cost index of 132 with median rent of $1,792/mo, while Simi Valley has a cost index of 200 with rent of $2,513/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Plano details → View Simi Valley details →

More Comparisons

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