Irving, TX vs McKinney, TX

There is a significant gap in the cost of living between these two cities. Irving is 17.5% cheaper than McKinney. With a cost index of 105 vs 128, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Irving to McKinney should plan for substantially higher expenses across most categories.

On the housing front, median rent in Irving is $1,517/month compared to $1,841/month in McKinney — a 18% difference. Home values follow the same pattern: Irving is more affordable at $287,300 median vs $439,500.

Median household income in Irving is $79,641 compared to $120,273 in McKinney (-33.8%). 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 Irving spend roughly 22.9% of their income on rent, more than the 18.4% in McKinney.

Climate-wise, both cities share similar average temperatures (66.6°F vs 65°F). McKinney receives more rainfall at 38.3" per year compared to 37" in Irving.