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Austin vs McKinney: which is cheaper?

About the sameBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.

I need $59,383 in McKinney to live the same way.

🏠 Rent per month
$1,932
$1,993
🛏️ 2-bedroom rent
$1,941
$1,977
💵 Families earn per year
$101,010
$133,966
🔑 Buying a house
$555,300
$471,800
📊 Overall prices (U.S. = 100)
98.1
97.1
🏛️ Property tax per year
$8,024
$7,791
⚡ Electric bill per month
$134
$182
👥 People living there
979,539
210,600
Commute to work
23.7 min
27.8 min
College degree
59.6%
54.1%
Own their home
43.4%
63.8%
Below poverty line
12%
5.7%
Unemployment
4.7%
3.7%

Bottom line

Frequently asked questions

Is Austin or McKinney cheaper to live in?

Austin and McKinney cost about the same once rent and everyday costs are combined.

What salary do I need in McKinney to match $60,000 in Austin?

About $59,383 a year gives the same standard of living in McKinney.

Where do people earn more, Austin or McKinney?

The typical household earns $101,010 in Austin and $133,966 in McKinney, 25% more in McKinney.

More comparisons

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