Cost of Living: McKinney, TX vs Plano, TX
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in McKinney, TX versus $4,516/mo in Plano, TX. In the model, rent is about 26.83% of gross in McKinney, TX versus 11.19% in Plano, TX, so Plano, TX tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between McKinney, TX and Plano, TX.
At a glance
- Cheaper overall (lower cost-of-living index): Plano, TX
- Lower rent (median 1BR/2BR): Plano, TX
- Lower home prices: Plano, TX
- Higher median household income: McKinney, TX
Cost of Living Index
McKinney, TX: 106.4 (U.S. = 100) · Plano, TX: 104.2 (U.S. = 100)
Plano, TX has a lower cost-of-living index than McKinney, TX, so a given salary generally stretches further there.
Median Rent
McKinney, TX: $1,749/mo (midpoint of 1BR/2BR) · Plano, TX: $730/mo
Median rent in McKinney, TX is $1,019/mo higher than in Plano, TX.
Median Home Price
McKinney, TX: $439,500 · Plano, TX: $216,000
Median home price in McKinney, TX is $223,500 higher than in Plano, TX.
Median Household Income
McKinney, TX: $120,273 · Plano, TX: $52,612
McKinney, TX has a higher median household income than Plano, TX by $67,661.
McKinney, TX overview · Plano, TX overview · Popular comparisons