Is Grand Prairie, TX cheaper than McKinney, TX?

Based on cost of living data, Grand Prairie, TX is 10.4% cheaper than McKinney, TX. This translates to saving $778 per month.

What salary do I need in Grand Prairie, TX to live like I do in McKinney, TX?

If you earn $150,000 in McKinney, TX, you'd need approximately $140,660.377 in Grand Prairie, TX to maintain the same standard of living.

How does housing cost compare between McKinney, TX and Grand Prairie, TX?

Housing in Grand Prairie, TX is 16.7% cheaper than in McKinney, TX. For a two-bedroom apartment, rent is $1,840/month in Grand Prairie, TX compared to $1,600/month in McKinney, TX.

How much can I save per month by moving from McKinney, TX to Grand Prairie, TX?

Moving from McKinney, TX to Grand Prairie, TX could save you approximately $778 per month, or $9340 per year, based on a $150,000 salary.

McKinney, TX vs Grand Prairie, TX: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

Data: HUD rent estimates, BLS cost of living

Current salary in McKinney, TX

Numbers update automatically as you type

You'd save $778/month moving to Grand Prairie, TX

$150.0K in your current city equals $140.7K in Grand Prairie, TX

Rent data from HUD ZIP-level estimates · COL index from Dallas-Fort Worth-Arlington, TX area

Overall Cost

↓ 10.4%

Less expensive

Monthly Impact

$778

Savings

Annual Impact

$9.3K

Per year

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

McKinney, TX

Population:214K

Cost Index:

100

100 = national average

Median Home:$496K

Grand Prairie, TX

Population:202K

Cost Index:

(10% below avg)

Median Home:$268K

McKinney, TX

The Lone Star State

214K

Population

State Tax

No Income Tax

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

💡 Advantage: Texas has no state income tax!

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.

💡 Advantage: Texas has no state income tax!

Cost Breakdown by Category

Annual spending: McKinney, TX vs Grand Prairie, TX

Category	McKinney, TX	Grand Prairie, TX	Difference	Change
Housing	$2,651/mo	$2,209/mo	↓ $442less	16.7%
Other	$1,925/mo	$1,607/mo	↓ $318less	16.5%
Groceries	$979/mo	$979/mo	→ $0	0.0%
Transportation	$1,298/mo	$1,298/mo	→ $0	0.0%
All Utilities	$563/mo	$563/mo	→ $0	0.0%
Healthcare	$632/mo	$632/mo	→ $0	0.0%

Housing

↓ 16.7%

McKinney, TX

$2,651

Grand Prairie, TX

$2,209

Difference

$442

less

Other

↓ 16.5%

McKinney, TX

$1,925

Grand Prairie, TX

$1,607

Difference

$318

less

Groceries

→ 0.0%

McKinney, TX

$979

Grand Prairie, TX

$979

Difference

same

Transportation

→ 0.0%

McKinney, TX

$1,298

Grand Prairie, TX

$1,298

Difference

same

All Utilities

→ 0.0%

McKinney, TX

$563

Grand Prairie, TX

$563

Difference

same

Healthcare

→ 0.0%

McKinney, TX

$632

Grand Prairie, TX

$632

Difference

same

🏠Rent Comparison

Studio

From$1,100

To$1,510

↑ $410

1 Bed

From$1,300

To$1,570

↑ $270

2 Bed

From$1,600

To$1,840

↑ $240

3 Bed

From$2,200

To$2,340

↑ $140

Grand Prairie, TXZIP-level data

1BR range: $1,300–$1,800/mo

💡 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.

$8,048

Monthly in McKinney, TX

$7,288

Monthly in Grand Prairie, TX

$760

Difference

Home Values

McKinney

Grand Prairie

Median Value

$268K

YoY Change

↓ -4.2%

5-Year Change

↑ +29.7%

Price Range

$242K - $318K

Calculate payment - Grand Prairie

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

→ $0

Same taxes

Monthly Difference

Same take-home

Effective Rate Diff

0.0%

Rate difference

McKinney, TX

Federal Income Tax

Effective: 18.9%

$25.5K

Texas State Tax

No state income tax

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 24.7%

$37.0K

Take-Home Pay

$9,416/month

$113.0K

Grand Prairie, TX

Federal Income Tax

Effective: 18.9%

$25.5K

Texas State Tax

No state income tax

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

McKinney, TX Tax Rates

Sales Tax:8.2%

Property Tax:1.8%

Grand Prairie, TX Tax Rates

Sales Tax:8.2%

Property Tax:1.8%

💡 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.