salaryMontgomery is 8% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Montgomery to live the same way.
🏠 Rent per month
$1,993
$1,304
🛏️ 2-bedroom rent
$1,977
$1,085
💵 Families earn per year
$133,966
$61,271
🔑 Buying a house
$471,800
$161,900
📊 Overall prices (U.S. = 100)
97.1
89.7
🏛️ Property tax per year
$7,791
$643
⚡ Electric bill per month
$182
$185
👥 People living there
210,600
197,494
Commute to work
27.8 min
20.7 min
College degree
54.1%
33.8%
Own their home
63.8%
54.4%
Below poverty line
5.7%
21.5%
Unemployment
3.7%
6.4%
Bottom line
- Pick McKinney for higher incomes, a more educated workforce, less poverty and 1 more.
- Pick Montgomery for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
Frequently asked questions
Is McKinney or Montgomery cheaper to live in?
Montgomery is about 8% cheaper overall. Rent is $1,304 a month there versus $1,993 in McKinney.
What salary do I need in Montgomery to match $60,000 in McKinney?
About $55,441 a year gives the same standard of living in Montgomery.
Where do people earn more, McKinney or Montgomery?
The typical household earns $133,966 in McKinney and $61,271 in Montgomery, 119% more in McKinney.