Is Frisco expensive to live in?

Frisco is considered moderately expensive, with a cost index of 118 compared to the US average of 100. Living here costs about 18% more than the national average. The median monthly rent is $1,751, and the median household income is $146,158.

What salary do you need to live comfortably in Frisco?

Using the standard 30% rent-to-income rule, you need at least $70,040/year to afford median rent in Frisco. The median household income is $146,158, giving a rent-to-income ratio of 14%. Financial experts recommend keeping rent below 30% of gross income.

What is the average rent in Frisco?

The median rent in Frisco is $1,751 per month. Housing costs score 145 against the national average of 100, meaning housing is 45% more expensive than the US average.

How does Frisco compare to the national average cost of living?

Frisco's overall cost index is 118 vs the national average of 100. Breaking it down: housing (145), food & groceries (116), transportation (112), utilities (108), and healthcare (121). Frisco is above average in most categories.

Is Frisco, Texas a good place to live?

Frisco has a population of 225,007 and a median household income of $146,158. With a cost index of 118, it offers a higher-cost lifestyle. The rent-to-income ratio is 14%, which is within healthy financial guidelines.

What are the cheapest cities near Frisco?

To find the most affordable cities near Frisco in Texas, use the Livably city comparison tool or browse the Texas state page. You can compare rent, cost index, income, and affordability side by side across all tracked cities.

Home/Texas/Frisco

Texas

Frisco

Monthly city intelligence across housing costs, tax load, and affordability signals to help you plan your next move with clearer numbers.

Compare city

Cost index: 118

Median rent: $1,751

Median income: $146,158

Cost Index

0/ 100 avg

Population

Median Income

Median Rent

$0/mo

12mo Trend

About Frisco

Living in Frisco, Texas

Frisco, Texas is a growing city with a population of approximately 225,007. The overall cost of living index sits at 118, which is above the national average of 100. This means everyday expenses — housing, groceries, transportation, and healthcare — are roughly 18% more expensive compared to the typical U.S. city.

Housing is the largest cost driver in Frisco. Median rent is $1,751 per month, while the median home price is $653,858. At a median household income of $146,158, rent consumes roughly 14% of gross income, which remains manageable relative to local incomes. The housing sub-index of 145 highlights significantly elevated shelter costs.

Beyond housing, healthcare is the most elevated non-shelter expense in Frisco with a sub-index of 121, while utilities is comparatively more affordable at 108. State-level taxes also shape the true cost of living: Texas applies a 0.00% income tax rate, and property tax averages 1.60% of assessed home value. The combined sales tax rate is 8.19%. Local income tax may apply in some municipalities.

Over the past twelve months, the cost of living in Frisco has trended upward. Among the 40 tracked cities in Texas, Frisco ranks #40 from most to least affordable. Whether you're evaluating a job offer, planning a relocation, or comparing salary purchasing power, these numbers give a grounded, data-backed view of what life in Frisco actually costs.

City Intelligence Overview