salaryMcKinney is 6% 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
$1,983
$1,993
🛏️ 2-bedroom rent
$1,622
$1,977
💵 Families earn per year
$84,017
$133,966
🔑 Buying a house
$334,100
$471,800
📊 Overall prices (U.S. = 100)
103.6
97.1
🏛️ Property tax per year
$4,943
$7,791
⚡ Electric bill per month
$90
$182
👥 People living there
2,711,226
210,600
Commute to work
33.1 min
27.8 min
College degree
44.3%
54.1%
Own their home
46%
63.8%
Below poverty line
16.8%
5.7%
Unemployment
8%
3.7%
Bottom line
- Pick Chicago for lower rent, cheaper 2-bedroom apartments, cheaper homes.
- Pick McKinney for higher incomes, shorter commutes, a more educated workforce and 2 more.
Frequently asked questions
Is Chicago or McKinney cheaper to live in?
McKinney is about 6% cheaper overall. Rent is $1,993 a month there versus $1,983 in Chicago.
What salary do I need in McKinney to match $60,000 in Chicago?
About $56,213 a year gives the same standard of living in McKinney.
Where do people earn more, Chicago or McKinney?
The typical household earns $84,017 in Chicago and $133,966 in McKinney, 37% more in McKinney.