Denton, TX vs McKinney, TX
There is a significant gap in the cost of living between these two cities. Denton is 19.1% cheaper than McKinney. With a cost index of 103 vs 128, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Denton to McKinney should plan for substantially higher expenses across most categories.
On the housing front, median rent in Denton is $1,344/month compared to $1,841/month in McKinney — a 27% difference. Home values follow the same pattern: Denton is more affordable at $325,700 median vs $439,500.
Median household income in Denton is $73,719 compared to $120,273 in McKinney (-38.7%). While McKinney is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Denton spend roughly 21.9% of their income on rent, more than the 18.4% in McKinney.
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