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Cost of Living Comparison 2026

Data: HUD rent estimates, BLS cost of living

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You'd spend $2.3K/month more in McKinney, TX

$150.0K in your current city equals $177.8K in McKinney, TX

Rent data from HUD ZIP-level estimates ยท COL index from area
Overall Cost
โ†‘ 30.9%
More expensive
Monthly Impact
$2,315
Extra cost
Annual Impact
$27.8K
Per year

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

Laredo, TX

Population:255K
Cost Index:
100
100 = national average
Median Home:$187K

McKinney, TX

Population:214K
Cost Index:
131
(31% above avg)
Median Home:$496K

Laredo, TX

The Lone Star State

255K
Population
State Tax
No Income Tax

Located in Texas, this city has a population of 255K 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: Laredo, TX vs McKinney, TX

Housing
โ†‘ 56.9%
Laredo, TX
$1,689
McKinney, TX
$2,651
Difference
$962
more
Other
โ†‘ 23.7%
Laredo, TX
$1,557
McKinney, TX
$1,925
Difference
$368
more
Healthcare
โ†‘ 25.9%
Laredo, TX
$502
McKinney, TX
$632
Difference
$130
more
All Utilities
โ†‘ 14.4%
Laredo, TX
$492
McKinney, TX
$563
Difference
$71.03
more
Groceries
โ†‘ 7.7%
Laredo, TX
$909
McKinney, TX
$979
Difference
$69.95
more
Transportation
โ†‘ 1.1%
Laredo, TX
$1,284
McKinney, TX
$1,298
Difference
$13.66
more

๐Ÿ Rent Comparison

Studio
From$965
To$1,100
โ†‘ $135
1 Bed
From$970
To$1,300
โ†‘ $330
2 Bed
From$1,170
To$1,600
โ†‘ $430
3 Bed
From$1,510
To$2,200
โ†‘ $690
Laredo, TXZIP-level data

1BR range: $960โ€“$980/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.

$6,433
Monthly in Laredo, TX
$8,048
Monthly in McKinney, TX
$1,615
Difference

Home Values

Laredo
McKinney
$187K
Median Value
-
โ†‘ +1.9%
YoY Change
-
โ†‘ +3.4%
5-Year Change
-
$132K - $241K
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

Laredo, 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

Laredo, 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

Laredo
McKinney
45 Good
Air Quality
40 Good
57.7%
Good Air Days
77.5%
89 Moderate
Climate Risk
99 High
๐ŸŒก
Top Hazards
๐ŸŒŠ๐ŸŒก๐ŸŒช
โ–ฒ+2.7ยฐF
2050 Outlook
โ–ฒ+2.7ยฐF
151 days
Heat Days >95ยฐF
81 days
โ–ฒ+2.7ยฐF
2050 Outlook
โ–ฒ+2.7ยฐF
151 days
Heat Days >95ยฐF
81 days

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