Cost of Living: Draper, UT vs Plano, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Draper | Plano |
|---|---|---|
| Housing Index | 120.3 | 110.5 |
| Median Home Price | $487,500 | $454,000 |
| Average Rent (2 BR Apartment) | $1900 | $1800 |
| Average Rent (2 BR House) | $1938 | $1925 |
Housing Comparison: Draper vs Plano
- In Draper, the median home price is higher at $487,500, while in Plano it is $454,000.
- Renting a two-bedroom apartment costs more in Draper at $1,900 than in Plano at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Draper | Plano |
|---|---|---|
| Electricity Price | $11.5 | $14.47 |
| Natural Gas Price | $14 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Draper vs Plano
- Plano has higher electricity costs at $14.47 per kWh, versus $11.5 in Draper.
- Plano experiences higher natural gas costs at $26.29 per unit, with costs at $14 in Draper.
- Utility expenses are equal in both Draper and Plano averaging $250.