McKinney is 6% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Philadelphia to live the same way.
🏠 Rent per month
$1,993
$1,814
🛏️ 2-bedroom rent
$1,977
$1,623
💵 Families earn per year
$133,966
$66,816
🔑 Buying a house
$471,800
$243,100
📊 Overall prices (U.S. = 100)
97.1
102.6
🏛️ Property tax per year
$7,791
$2,003
⚡ Electric bill per month
$182
$112
👥 People living there
210,600
1,579,706
Commute to work
27.8 min
31.7 min
College degree
54.1%
35.4%
Own their home
63.8%
51.8%
Below poverty line
5.7%
21.4%
Unemployment
3.7%
8.1%
Bottom line
- Pick McKinney for higher incomes, shorter commutes, a more educated workforce and 2 more.
- Pick Philadelphia for lower rent, cheaper 2-bedroom apartments, cheaper homes.
Frequently asked questions
Is McKinney or Philadelphia cheaper to live in?
McKinney is about 6% cheaper overall. Rent is $1,993 a month there versus $1,814 in Philadelphia.
What salary do I need in Philadelphia to match $60,000 in McKinney?
About $63,398 a year gives the same standard of living in Philadelphia.
Where do people earn more, McKinney or Philadelphia?
The typical household earns $133,966 in McKinney and $66,816 in Philadelphia, 100% more in McKinney.