salaryEl Paso 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
$1,246
$1,993
🛏️ 2-bedroom rent
$1,088
$1,977
💵 Families earn per year
$64,435
$133,966
🔑 Buying a house
$184,500
$471,800
📊 Overall prices (U.S. = 100)
89.9
97.1
🏛️ Property tax per year
$3,760
$7,791
⚡ Electric bill per month
$113
$182
👥 People living there
680,130
210,600
Commute to work
23.4 min
27.8 min
College degree
28.1%
54.1%
Own their home
60.8%
63.8%
Below poverty line
18.4%
5.7%
Unemployment
6%
3.7%
Bottom line
- Pick El Paso 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 El Paso or McKinney cheaper to live in?
El Paso is about 8% cheaper overall. Rent is $1,246 a month there versus $1,993 in McKinney.
What salary do I need in McKinney to match $60,000 in El Paso?
About $64,768 a year gives the same standard of living in McKinney.
Where do people earn more, El Paso or McKinney?
The typical household earns $64,435 in El Paso and $133,966 in McKinney, 52% more in McKinney.