salaryAbout 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
$1,723
$1,993
🛏️ 2-bedroom rent
$1,628
$1,977
💵 Families earn per year
$84,177
$133,966
🔑 Buying a house
$372,900
$471,800
📊 Overall prices (U.S. = 100)
97.3
97.1
🏛️ Property tax per year
$6,541
$7,791
⚡ Electric bill per month
$120
$182
👥 People living there
278,001
210,600
Commute to work
19.4 min
27.8 min
College degree
59.9%
54.1%
Own their home
46%
63.8%
Below poverty line
16.4%
5.7%
Unemployment
2.7%
3.7%
Bottom line
- Pick Madison for lower rent, cheaper 2-bedroom apartments, cheaper homes and 3 more.
- Pick McKinney for higher incomes, less poverty.
Frequently asked questions
Is Madison or McKinney cheaper to live in?
Madison 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 Madison?
About $59,858 a year gives the same standard of living in McKinney.
Where do people earn more, Madison or McKinney?
The typical household earns $84,177 in Madison and $133,966 in McKinney, 37% more in McKinney.