Since everything is more expensive these days, the question of how to make our dollars stretch even more has become as important as any other. Inflation continues to rage while our take-home pay stays even. That’s not a great combination for many Americans. According to a new study, families in Plano might have the answers on how to navigate all this more than most.
Personal finance services website GOBankingRates recently named Plano the No. 2 city in America where a paycheck goes the furthest. In its listing of the top 40 cities where one can get the most bang for one’s buck, Plano landed just behind Gilbert, Arizona, southeast of Phoenix.
For the study, GOBankingRates took the top 100 American cities by population and considered factors including cost of living, average household expenditures, average home values and average mortgage payments. Plano scored high in all areas…