Is Nashville, TN cheaper than McKinney, TX?

Based on cost of living data, Nashville, TN is 2.8% cheaper than McKinney, TX. This translates to saving $212 per month.

What salary do I need in Nashville, TN to live like I do in McKinney, TX?

If you earn $150,000 in McKinney, TX, you'd need approximately $147,452.83 in Nashville, TN to maintain the same standard of living.

How does housing cost compare between McKinney, TX and Nashville, TN?

Housing in Nashville, TN is 0.0% cheaper than in McKinney, TX. For a two-bedroom apartment, rent is $1,840/month in Nashville, TN compared to $1,600/month in McKinney, TX.

How much can I save per month by moving from McKinney, TX to Nashville, TN?

Moving from McKinney, TX to Nashville, TN could save you approximately $212 per month, or $2547 per year, based on a $150,000 salary.

McKinney, TX vs Nashville, TN: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 McKinney, TX — COL adjusted from Plano, TX area + state data

Current salary in McKinney, TX

Numbers update automatically as you type

You'd save $212/month moving to Nashville, TN

$150.0K in your current city equals $147.5K in Nashville, TN

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

Overall Cost

↓ 2.8%

Less expensive

Monthly Impact

$212

Savings

Annual Impact

$2.5K

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

Median Home:$496K

Nashville, TN

Population:689K

Cost Index:97

Median Home:$489K

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!

Nashville, TN

The Volunteer State

689K

Population

State Tax

No Income Tax

Climate

Humid subtropical

Notable Facts

•Music City USA
•Country music capital
•Healthcare industry hub

Major Industries

Music IndustryHealthcareTourismFinance

Cost Breakdown by Category

Annual spending: McKinney, TX vs Nashville, TN

Category	McKinney, TX	Nashville, TN	Difference	Change
⚡All Utilities	$563/mo	$519/mo	↓ $43.71less	7.8%
🛒Groceries	$979/mo	$949/mo	↓ $29.98less	3.1%
🏥Healthcare	$632/mo	$607/mo	↓ $24.78less	3.9%
📦Other	$1,925/mo	$1,942/mo	↑ $16.74more	0.9%
🚗Transportation	$1,298/mo	$1,284/mo	↓ $13.66less	1.1%
🏠Housing	$2,651/mo	$2,651/mo	→ $0	0.0%

⚡All Utilities

↓ 7.8%

McKinney, TX

$563

Nashville, TN

$519

Difference

$43.71

less

🛒Groceries

↓ 3.1%

McKinney, TX

$979

Nashville, TN

$949

Difference

$29.98

less

🏥Healthcare

↓ 3.9%

McKinney, TX

$632

Nashville, TN

$607

Difference

$24.78

less

📦Other

↑ 0.9%

McKinney, TX

$1,925

Nashville, TN

$1,942

Difference

$16.74

🚗Transportation

↓ 1.1%

McKinney, TX

$1,298

Nashville, TN

$1,284

Difference

$13.66

less

🏠Housing

→ 0.0%

McKinney, TX

$2,651

Nashville, TN

$2,651

Difference

same

🏠Rent Comparison

Studio

From$1,100

To$1,600

↑ $500

1 Bed

From$1,300

To$1,680

↑ $380

2 Bed

From$1,600

To$1,840

↑ $240

3 Bed

From$2,200

To$2,350

↑ $150

Nashville, TNZIP-level data

1BR range: $1,320–$2,230/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

$7,952

Monthly in Nashville, TN

$95.39

Difference

Home Values

McKinney

Nashville

Median Value

$489K

YoY Change

↓ -2.1%

5-Year Change

↑ +32.1%

Price Range

$320K - $1.16M

Calculate payment - Nashville

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

Nashville, TN

Federal Income Tax

Effective: 18.9%

$25.5K

Tennessee 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%

Nashville, TN Tax Rates

Sales Tax:9.5%

Property Tax:0.7%

💡 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.