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Cost of Living Comparison 2026

Data: HUD rent estimates, BLS cost of living

$
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You'd spend $868/month more in McKinney, TX

$150.0K in your current city equals $160.4K in McKinney, TX

Rent data from HUD ZIP-level estimates ยท COL index from Dallas-Fort Worth-Arlington, TX area
Overall Cost
โ†‘ 11.6%
More expensive
Monthly Impact
$868
Extra cost
Annual Impact
$10.4K
Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Grand Prairie, TX

Population:202K
Cost Index:
100
100 = national average
Median Home:$268K

McKinney, TX

Population:214K
Cost Index:
112
(12% above avg)
Median Home:$496K

Grand Prairie, TX

The Lone Star State

202K
Population
State Tax
No Income Tax

Located in Texas, this city has a population of 202K residents.

๐Ÿ’ก Advantage: Texas has no state income tax!

McKinney, TX

The Lone Star State

214K
Population
State Tax
No Income Tax

Located in Texas, this city has a population of 214K residents.

๐Ÿ’ก Advantage: Texas has no state income tax!

Cost Breakdown by Category

Annual spending: Grand Prairie, TX vs McKinney, TX

Housing
โ†‘ 20.0%
Grand Prairie, TX
$2,209
McKinney, TX
$2,651
Difference
$442
more
Other
โ†‘ 19.8%
Grand Prairie, TX
$1,607
McKinney, TX
$1,925
Difference
$318
more
Groceries
โ†’ 0.0%
Grand Prairie, TX
$979
McKinney, TX
$979
Difference
$0
same
Transportation
โ†’ 0.0%
Grand Prairie, TX
$1,298
McKinney, TX
$1,298
Difference
$0
same
All Utilities
โ†’ 0.0%
Grand Prairie, TX
$563
McKinney, TX
$563
Difference
$0
same
Healthcare
โ†’ 0.0%
Grand Prairie, TX
$632
McKinney, TX
$632
Difference
$0
same

๐Ÿ Rent Comparison

Studio
From$1,510
To$1,100
โ†“ $410
1 Bed
From$1,570
To$1,300
โ†“ $270
2 Bed
From$1,840
To$1,600
โ†“ $240
3 Bed
From$2,340
To$2,200
โ†“ $140
Grand Prairie, TXZIP-level data

1BR range: $1,300โ€“$1,800/mo

๐Ÿ’ก Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,288
Monthly in Grand Prairie, TX
$8,048
Monthly in McKinney, TX
$760
Difference

Home Values

Grand Prairie
McKinney
$268K
Median Value
-
โ†“ -4.2%
YoY Change
-
โ†‘ +29.7%
5-Year Change
-
$242K - $318K
Price Range
-

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
โ†’ $0
Same taxes
Monthly Difference
$0
Same take-home
Effective Rate Diff
0.0%
Rate difference

Grand Prairie, TX

Federal Income Tax
Effective: 18.9%
$25.5K
Texas State Tax
No state income tax
$0
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 24.7%
$37.0K
Take-Home Pay
$9,416/month
$113.0K

McKinney, TX

Federal Income Tax
Effective: 18.9%
$25.5K
Texas State Tax
No state income tax
$0
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 24.7%
$37.0K
Take-Home Pay
$9,416/month
$113.0K

Additional Tax Information

Grand Prairie, TX Tax Rates

Sales Tax:8.2%
Property Tax:1.8%

McKinney, TX Tax Rates

Sales Tax:8.2%
Property Tax:1.8%

๐Ÿ’ก Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Grand Prairie
McKinney
54 Moderate
Air Quality
40 Good
35.5%
Good Air Days
77.5%
99 High
Climate Risk
99 High
๐ŸŒŠ๐ŸŒก๐ŸŒช
Top Hazards
๐ŸŒŠ๐ŸŒก๐ŸŒช
โ–ฒ+2.8ยฐF
2050 Outlook
โ–ฒ+2.7ยฐF
90 days
Heat Days >95ยฐF
81 days
โ–ฒ+2.8ยฐF
2050 Outlook
โ–ฒ+2.7ยฐF
90 days
Heat Days >95ยฐF
81 days

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