About the sameBased 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
$1,932
$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
- Pick Austin for lower rent, cheaper 2-bedroom apartments, shorter commutes and 1 more.
- Pick McKinney for higher incomes, cheaper homes, less poverty and 1 more.
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.