City Comparison

Fort Myers vs Plano

Cost of Living Comparison · 2026

Fort Myers

Florida
104
Average
$340,000
Median Home
$1,575/mo
Median Rent
$52,200
Median Income

Plano

Texas
109
Above Average
$400,000
Median Home
$1,700/mo
Median Rent
$96,348
Median Income

The Verdict

4.6%

Fort Myers is 4.6% less expensive than Plano overall. A household earning $75,000 in Fort Myers would need approximately $78,606 in Plano to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
112
Fort Myers
123
Plano
Groceries
104
Fort Myers
98
Plano
Utilities
101
Fort Myers
99
Plano
Transportation
103
Fort Myers
106
Plano
Healthcare
108
Fort Myers
100
Plano

Salary Equivalence

A $75,000 salary in Fort Myers has the same purchasing power as $78,606 in Plano.

Conversely, $75,000 in Plano equals $71,560 in Fort Myers.

Living in Fort Myers vs Plano

Housing Costs

Fort Myers's housing index of 112 is lower Plano's 123, translating to median home prices of $340,000 vs $400,000. The $60,000 difference in home prices means roughly $3,900 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,575/mo in Fort Myers compared to $1,700/mo in Plano, a monthly difference of $125.

Grocery & Food Costs

Grocery expenses index at 104 in Fort Myers and 98 in Plano. A household spending the national average of $475/month on groceries would pay approximately $494/month in Fort Myers vs $466/month in Plano. Plano offers a meaningful advantage on everyday food costs, saving roughly $336/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 101 in Fort Myers and 99 in Plano. Monthly utility bills average approximately $404 in Fort Myers vs $396 in Plano. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 108 in Fort Myers and 100 in Plano. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $52,200 in Fort Myers and $96,348 in Plano. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $50,192 and $88,393 respectively. Plano residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,218/month to housing in Fort Myers vs $2,248/month in Plano. In Fort Myers, median rent of $1,575/mo exceeds this threshold, suggesting renters may feel stretched. In Plano, median rent of $1,700/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 11 index points — focus your budget analysis there.

Frequently Asked Questions

Fort Myers is 4.6% more affordable overall with an index of 104 vs 109.
A $75,000 salary in Fort Myers has equivalent purchasing power to approximately $78,606 in Plano, based on the cost of living difference.
Fort Myers's housing index is 112 with median homes at $340,000, while Plano's is 123 with median homes at $400,000.

Moving & Relocation Resources

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