salaryMcKinney is 8% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in McKinney to live the same way.
🏠 Rent per month
$1,651
$1,993
🛏️ 2-bedroom rent
$1,565
$1,977
💵 Families earn per year
$111,392
$133,966
🔑 Buying a house
$395,900
$471,800
📊 Overall prices (U.S. = 100)
105.4
97.1
🏛️ Property tax per year
$4,982
$7,791
⚡ Electric bill per month
$136
$182
👥 People living there
288,976
210,600
Commute to work
18.8 min
27.8 min
College degree
38.7%
54.1%
Own their home
63.9%
63.8%
Below poverty line
8.9%
5.7%
Unemployment
4.6%
3.7%
Bottom line
- Pick Anchorage for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
- Pick McKinney for higher incomes, a more educated workforce, less poverty and 1 more.
Frequently asked questions
Is Anchorage or McKinney cheaper to live in?
McKinney is about 8% cheaper overall. Rent is $1,993 a month there versus $1,651 in Anchorage.
What salary do I need in McKinney to match $60,000 in Anchorage?
About $55,240 a year gives the same standard of living in McKinney.
Where do people earn more, Anchorage or McKinney?
The typical household earns $111,392 in Anchorage and $133,966 in McKinney, 17% more in McKinney.