salaryMcKinney is 18% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Miami to live the same way.
🏠 Rent per month
$1,993
$2,538
🛏️ 2-bedroom rent
$1,977
$1,983
💵 Families earn per year
$133,966
$67,365
🔑 Buying a house
$471,800
$518,100
📊 Overall prices (U.S. = 100)
97.1
114.2
🏛️ Property tax per year
$7,791
$4,586
⚡ Electric bill per month
$182
$133
👥 People living there
210,600
459,745
Commute to work
27.8 min
27.3 min
College degree
54.1%
37.4%
Own their home
63.8%
30.8%
Below poverty line
5.7%
19.4%
Unemployment
3.7%
5.2%
Bottom line
- Pick McKinney for lower rent, cheaper 2-bedroom apartments, higher incomes and 4 more.
- Pick Miami for shorter commutes.
Frequently asked questions
Is McKinney or Miami cheaper to live in?
McKinney is about 18% cheaper overall. Rent is $1,993 a month there versus $2,538 in Miami.
What salary do I need in Miami to match $60,000 in McKinney?
About $70,570 a year gives the same standard of living in Miami.
Where do people earn more, McKinney or Miami?
The typical household earns $133,966 in McKinney and $67,365 in Miami, 99% more in McKinney.