Cost of Living in Frisco, TX

Population 210,238 · Texas · Data vintage 2023

175
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Home prices in Frisco run well above the national baseline, with a median of $595,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $146,158 place the city among the better-paid Texas metros.

Cost Overview

Housing 195
Rent 145

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Frisco

The median home value in Frisco is $595,400 — 95% above the national median of $305,000. Median rent runs $1,902/month, 45% higher than the national median of $1,314/month. The median household income of $146,158/year is 96% higher than the US median of $74,580. The local unemployment rate is 4.2%, below the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 75.9°F and lows of 54.1°F. Overall, Frisco has a cost of living index of 175 versus the US average of 100, meaning it is 75% more expensive.

🏠 Housing

Median Home Value
$595,400
95% above avg
Zillow Home Value
$653,857
Zillow ZHVI
Median Rent
$1,902/mo
45% above avg
Zillow Rent
$1,751/mo
Zillow ZORI
Price-to-Rent Ratio
26.1x
Favors renting
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$766
1 BR
$811
2 BR
$981
3 BR
$1,307
4 BR
$1,509
Owner-occupied 66.5%
Renter-occupied 33.5%

💰 Estimated Monthly Budget

Rent median rent
$1,902
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,516/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
30.2 min
12% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
33.7%

Commute Mode

Drove alone
57.3%
Carpooled
6.0%
Public transit
0.1%
Walked
0.9%
Bicycle
0.1%
Work from home
33.7%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 8.2%
State rate 6.3%
Avg local rate 1.9%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$146,158
96% above avg
Per Capita Income
$66,335
Unemployment Rate
4.2%
13% below avg
Poverty Rate
3.5%
Labor Force Participation
71.8%

🎓 Education

Bachelor's degree+ 38.5%
Graduate degree 27.4%

👥 Demographics

Median Age 38.1
Male median age 37.7
Female median age 38.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
75.9°F
Avg Low
54.1°F
Annual Precip
38.3"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 566068758391959688786657
Low °F 343846536270747366544436
Precip" 2.702.573.513.584.773.581.961.732.814.413.193.49

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 49 — Good
54.8%
Good air days/yr
177
Max AQI recorded
116
PM2.5 days
247
Ozone days

Frequently Asked Questions

What is the cost of living in Frisco, TX?

Frisco has a cost index of 175 (100 = national average). It is 75% above the national average.

What is average rent in Frisco, TX?

The median gross rent in Frisco is $1,902 per month based on 2023 Census data.

What is the average home price in Frisco?

The median home value in Frisco is $595,400 according to Zillow and Census data.

What is the median income in Frisco?

The median household income in Frisco is $146,158 per year (2023 ACS 5-year estimates).

What is the sales tax in Frisco, TX?

The combined state and local sales tax rate in Frisco is 8.2%. Texas has no state income tax.

Is Frisco, TX affordable?

Frisco is above average in cost of living, with an index of 175 — about 75% higher than the national average.

What is the weather like in Frisco?

Frisco has average high temperatures of 75.9°F and average lows of 54.1°F. Annual precipitation is 38.3". Data from NOAA 1991–2020 Climate Normals.

Frisco at a Glance

Population
210,238
Median Income
$146,158
Home Value
$595,400
Median Rent
$1,902/mo
Unemployment
4.2%
Avg High Temp
75.9°F
Sales Tax
8.2%
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Explore county-level cost of living data

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