Frisco vs Springfield: Cost of Living Comparison
How does the cost of living in Frisco, Texas compare to Springfield, Massachusetts? Below is a side-by-side breakdown of housing costs, income, wages, and taxes using official government data.
Summary: Springfield is the more affordable city overall. Housing costs are 168% higher in Frisco compared to Springfield, while rent is 72% higher. TX has no state income tax.
| Metric | Frisco, TX | Springfield, MA | Diff |
|---|---|---|---|
| Housing | |||
| Median Home Value | $531,400 | $198,500 | +167.7% |
| Median Monthly Rent | $1,803 | $1,047 | +72.2% |
| Income | |||
| Median Household Income | $144,567 | $47,677 | +203.2% |
| Per Capita Income | $63,571 | $25,669 | +147.7% |
| Taxes | |||
| State Income Tax Rate | None | 9.0% | -100.0% |
| Combined Sales Tax | 8.2% | 6.3% | +31.2% |
| Demographics | |||
| Population | 202,075 | 155,305 | +30.1% |
Source: U.S. Census Bureau ACS 5-Year Estimates (2022), Freddie Mac Primary Mortgage Market Survey. State/local tax rates from Tax Foundation (2024).
Rent vs. Buy Calculator — Frisco
Default home price from Census ACS median. Mortgage rate: 6.38% (Freddie Mac PMMS, March 2026). Property tax est. 1.1%, insurance est. 0.35% of home value annually.
Rent vs. Buy Calculator — Springfield
Default home price from Census ACS median. Mortgage rate: 6.38% (Freddie Mac PMMS, March 2026). Property tax est. 1.1%, insurance est. 0.35% of home value annually.
Key Takeaways
- Housing: The median home in Frisco costs $531,400 compared to $198,500 in Springfield — a 168% premium.
- Rent: Median rent is $1,803/mo in Frisco vs $1,047/mo in Springfield.
- Income: Median household income is $144,567 in Frisco and $47,677 in Springfield.
- Taxes: Texas has no state income tax, while Massachusetts has a 9% rate.
Methodology
This comparison uses data from the U.S. Census Bureau American Community Survey 5-Year Estimates (2022) for median household income, median home value, median gross rent, per capita income, and population. State and local tax rates are sourced from the Tax Foundation. Mortgage rates are from the Freddie Mac Primary Mortgage Market Survey (updated weekly).