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McKinney vs Raleigh: which is cheaper?

About the sameBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.

I need $60,680 in Raleigh to live the same way.

🏠 Rent per month
$1,993
$1,822
🛏️ 2-bedroom rent
$1,977
$1,658
💵 Families earn per year
$133,966
$92,099
🔑 Buying a house
$471,800
$415,800
📊 Overall prices (U.S. = 100)
97.1
98.2
🏛️ Property tax per year
$7,791
$3,048
⚡ Electric bill per month
$182
$133
👥 People living there
210,600
481,031
Commute to work
27.8 min
23 min
College degree
54.1%
54%
Own their home
63.8%
50.7%
Below poverty line
5.7%
11.9%
Unemployment
3.7%
4.4%

Bottom line

Frequently asked questions

Is McKinney or Raleigh cheaper to live in?

McKinney and Raleigh cost about the same once rent and everyday costs are combined.

What salary do I need in Raleigh to match $60,000 in McKinney?

About $60,680 a year gives the same standard of living in Raleigh.

Where do people earn more, McKinney or Raleigh?

The typical household earns $133,966 in McKinney and $92,099 in Raleigh, 45% more in McKinney.

More comparisons

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