On paper, Plano, Texas, appears to be a great place to retire, especially for those looking to stretch their retirement savings as far as possible. The city and state tax laws are highly favorable to retirees, and cost-of-living expenses are low compared to many other places.
Then, is Plano Texas a good place to live?
Plano, Texas has earned a national reputation as one of the best places in the United States for families to live and work. Located just 19 miles north of Downtown Dallas, Plano offers access to all the amenities of the DFW metropolitan area. … All of these amenities are within a few minutes by car or light rail.
Correspondingly, is Plano TX expensive?
Plano’s housing expenses are 21% higher than the national average and the utility prices are 2% lower than the national average. Transportation expenses like bus fares and gas prices are 4% higher than the national average. Plano has grocery prices that are 0% lower than the national average.
What is the cost of living in Plano Texas?
Plano cost of living is 109.3
| COST OF LIVING | Plano | Texas |
|---|---|---|
| Health | 96.4 | 95.4 |
| Housing | 143.6 | 84.3 |
| Median Home Cost | $331,900 | $195,000 |
| Utilities | 100.4 | 99.2 |
Why is Plano Texas so happy?
“They go home with a feeling of accomplishment.” Because Plano is a long-timer among Collin County suburbs, it has to go first in dealing with the prickly challenges that come with exploding growth. But Plano’s age also means it is home to people with deep roots and a desire to help the city they love.
Is Plano Texas boring?
A real estate blog has ranked Irving, Plano and two other Texas cities in a list of the Top 10 most boring cities in America. … The lowest-scoring cities made the list, and, sadly, Texas has four of the most boring cities in the country.
What is Plano Texas famous for?
A City Like No Other
What started as a small, quiet farming community. Plano has transformed into a city known across the country for our smart people, amazing quality of life, and strong job market. Plano is home to roughly 284,579 residents, several Fortune 1000 companies, and more than 10,000 businesses.
What is the best age to move to a retirement community?
There are some who move in close to the minimum age requirement (usually about 65), but most make the move between the ages of 75 and 84. The typical assisted living resident is an 87-year-old woman who needs help with two or three activities of daily living, such as dressing, bathing and medication management.
How do you move to a 55+ community?
If you’ve been researching 55+ adult communities, you’ve probably stumbled upon the “80/20 rule.” It means that in accordance with the Housing for Older Persons Act of 1995 (HOPA), at least 80 percent of the occupied units of an age-restricted community must include one resident age 55 or older and the community must …
What are the advantages of living in a 55 plus community?
5 Benefits of Moving to a Senior Living Community when You Are an Active Older Adult
- Never worry about yard work or home maintenance. …
- Pay one monthly price for most of your expenses. …
- Enjoy many amenities close to home. …
- Make new friends with similar interests. …
- Move while you’re healthy.