salaryAbout the sameBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Norfolk to live the same way.
🏠 Rent per month
$1,993
$1,628
🛏️ 2-bedroom rent
$1,977
$1,322
💵 Families earn per year
$133,966
$71,299
🔑 Buying a house
$471,800
$289,900
📊 Overall prices (U.S. = 100)
97.1
97.9
🏛️ Property tax per year
$7,791
$2,890
⚡ Electric bill per month
$182
$147
👥 People living there
210,600
233,596
Commute to work
27.8 min
23 min
College degree
54.1%
33.5%
Own their home
63.8%
46.3%
Below poverty line
5.7%
16.5%
Unemployment
3.7%
5.7%
Bottom line
- Pick McKinney for higher incomes, a more educated workforce, less poverty and 1 more.
- Pick Norfolk for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
Frequently asked questions
Is McKinney or Norfolk cheaper to live in?
McKinney and Norfolk cost about the same once rent and everyday costs are combined.
What salary do I need in Norfolk to match $60,000 in McKinney?
About $60,546 a year gives the same standard of living in Norfolk.
Where do people earn more, McKinney or Norfolk?
The typical household earns $133,966 in McKinney and $71,299 in Norfolk, 88% more in McKinney.