Plano is 10% more expensive than Tempe.
When comparing Plano, TX and Tempe, AZ, the overall cost of living indices are 132 and 120 respectively (national median = 100). Rent is $169/month cheaper in Tempe, saving renters about $2,028/year.
Median household income is $31,006/year higher in Plano. Home values also differ significantly — the median in Plano is $440,600 compared to $421,900 in Tempe.
Texas has no state income tax, giving Plano residents a significant tax advantage over Arizona's 2.5% rate.
Plano vs Tempe — common questions
Other cost of living comparisons for Plano and Tempe