Hico, TX vs McKinney Acres, TX
There is a significant gap in the cost of living between these two cities. Hico is 19.6% cheaper than McKinney Acres. With a cost index of 64 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hico to McKinney Acres should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Hico are $122,600 compared to $77,600 in McKinney Acres, a 58% gap.
Median household income in Hico is $52,250 compared to $63,279 in McKinney Acres (-17.4%). The higher salaries in McKinney Acres partially offset the cost difference, but don't fully close the gap.
Climate-wise, both cities share similar average temperatures (65°F vs 64.8°F). Hico receives more rainfall at 34.1" per year compared to 12.9" in McKinney Acres.
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