Last update: Oct 2026

Cost of Living Comparison Between McKinney, TX and New York, NY

For one person, living is cheaper in McKinney, TX: $2,789 a month against $4,950 in New York, NY, rent and utilities included – about $25,900 less a year. Rent and utilities account for most of the difference.

135

Cost of Living Index in McKinney, TX
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McKinney, TX Living Index
239

Cost of Living Index in New York, NY
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New York, NY Living Index

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McKinney, TX

🇺🇸 United States

$2,789

/mo nomad

New York, NY

🇺🇸 United States

$4,950

/mo nomad

Monthly Cost of Living

How much you'll spend in McKinney, TX and in New York, NY

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in McKinney, TX and in New York, NY actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,789 in McKinney, TX versus $4,950 in New York, NY.

McKinney, TX $2,789
New York, NY $4,950

Estimated couple costs with rent: $3,710 in McKinney, TX versus $7,265 in New York, NY.

McKinney, TX $3,710
New York, NY $7,265

Monthly costs for a family of three with rent: $4,630 in McKinney, TX versus $9,581 in New York, NY.

McKinney, TX $4,630
New York, NY $9,581

Living in McKinney, TX costs roughly 44% less than in New York, NY, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: McKinney, TX 107% above, New York, NY 267% above.

Meal at Budget Restaurant

$18.90 $18.90

$24.65 $24.65

-23.33%

Three-Course Dinner for Two, Mid-Range

$59.1 $59.1

$122 $122

-51.38%

Fast Food Meal (McDonalds, etc)

$10.81 $10.81

$13.91 $13.91

-22.29%

Cappuccino

$5.05 $5.05

$6.59 $6.59

-23.37%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.56 $2.56

$3.84 $3.84

-33.33%

Water (0.33 liter bottle)

$1.79 $1.79

$2.87 $2.87

-37.63%

Local Beer (0.5 liter draught)

$5.86 $5.86

$7.79 $7.79

-24.78%

Imported Beer (0.33 liter bottle)

$7.59 $7.59

$9.85 $9.85

-22.94%

Milk (1 liter)

$0.95 $0.95

$1.38 $1.38

-31.16%

White Bread (500g)

$2.79 $2.79

$4.68 $4.68

-40.38%

Rice (white) (1kg)

$2.32 $2.32

$7.54 $7.54

-69.23%

Eggs

$4.09 $4.09

$5.93 $5.93

-31.03%

Local Cheese (1kg)

$10.16 $10.16

$18.83 $18.83

-46.04%

Chicken Fillets (1kg)

$15.51 $15.51

$17.36 $17.36

-10.66%

Beef Round Steak (1kg)

$16.84 $16.84

$18.51 $18.51

-9.02%

Apples (1kg)

$3.06 $3.06

$6.74 $6.74

-54.60%

Banana (1kg)

$2.85 $2.85

$2.09 $2.09

36.36%

Oranges (1kg)

$2.97 $2.97

$6.07 $6.07

-51.07%

Tomato (1kg)

$2.63 $2.63

$6.74 $6.74

-60.98%

Potato (1kg)

$2.18 $2.18

$4.05 $4.05

-46.17%

Onion (1kg)

$2.10 $2.10

$4.37 $4.37

-51.95%

Lettuce (1 head)

$1.72 $1.72

$2.89 $2.89

-40.48%

Water (1.5 liter bottle)

$2.98 $2.98

$2.60 $2.60

14.62%

Cigarettes 20 Pack (Marlboro, Camel)

$11.05 $11.05

$18.72 $18.72

-40.97%

Wine (Bottle)

$11.47 $11.47

$20.06 $20.06

-42.82%

Local Beer (0.5 liter bottle)

$1.75 $1.75

$3.25 $3.25

-46.15%

Imported Beer (0.33 liter bottle)

$3.59 $3.59

$3.73 $3.73

-3.75%

One-way Ticket (Public Transport)

$3.08 $3.08

$3.06 $3.06

0.65%

Public Transport Monthly Pass (Regular Price)

$189 $189

$140 $140

34.42%

Taxi Start (Normal Tariff)

$2.93 $2.93

$3.04 $3.04

-3.62%

Taxi (Normal Tariff) (1km)

$2.15 $2.15

Taxi 1hour Waiting (Normal Tariff)

$14.74 $14.74

$41.82 $41.82

-64.75%

Gasoline (1 liter)

$0.93 $0.93

$1.12 $1.12

-16.96%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$36.1K $36.1K

$35.5K $35.5K

1.69%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$24.7K $24.7K

$26.0K $26.0K

-4.95%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$200 $200

$219 $219

-8.47%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$59.4 $59.4

$73.2 $73.2

-18.80%

Internet (50+ Mbps, Unlimited Data)

$69.3 $69.3

$72.0 $72.0

-3.74%

Gym Membership (Monthly)

$30.36 $30.36

$123 $123

-75.25%

Tennis Court (1 Hour on Weekend)

$12.81 $12.81

$67.7 $67.7

-81.07%

Cinema Ticket

$11.85 $11.85

$22.85 $22.85

-48.14%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,345 $1,345

$3,333 $3,333

-59.64%

International Primary School, 1 Child (Yearly)

$60.0K $60.0K

Jeans (Levis 501 Or Similar)

$56.5 $56.5

$75.2 $75.2

-24.83%

Summer Dress (H&M, Zara, etc)

$28.95 $28.95

$52.4 $52.4

-44.74%

Sport Shoes (Adidas, Nike)

$87.8 $87.8

$122 $122

-27.85%

Men's Leather Business Shoes

$59.8 $59.8

$133 $133

-55.11%

1-bedroom Apartment, City Center (Monthly)

$1,673 $1,673

$4,389 $4,389

-61.87%

1-bedroom Apartment, Outside City Center (Monthly)

$1,420 $1,420

$3,130 $3,130

-54.65%

3-bedroom Apartment, City Center (Monthly)

$2,639 $2,639

$8,918 $8,918

-70.41%

3-bedroom Apartment, Outside City Center (Monthly)

$1,704 $1,704

$5,354 $5,354

-68.18%

Buy Apartment in City Center (m2)

$2,323 $2,323

$19.4K $19.4K

-88.03%

Buy Apartment Outside City Center (m2)

$2,294 $2,294

$6,806 $6,806

-66.30%

Average Monthly Net Salary (After Tax)

$5,805 $5,805

$5,343 $5,343

8.66%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.51

6.82

-4.55%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for McKinney, TX: October 12, 2026

Last update for New York, NY: October 13, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

McKinney, TX

$1.4K 50.9%

New York, NY

$3.1K 63.2% 121% $1.7K

Groceries & Markets

McKinney, TX

$371 13.3%

New York, NY

$545 11% 46.9% $174

Monthly Utilities & Internet

McKinney, TX

$329 11.8%

New York, NY

$364 7.4% 10.6% $35

Eating Out

McKinney, TX

$306 11%

New York, NY

$404 8.2% 31.9% $97

Getting Around

McKinney, TX

$204 * 7.3%

New York, NY

$167 3.4% 18.4% $38

Clothing & Footwear

McKinney, TX

$105 3.8%

New York, NY

$172 3.5% 64.1% $67

Sport & Entertainment

McKinney, TX

$54 1.9%

New York, NY

$168 3.4% 211% $114

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $1,673 in McKinney, TX and $4,389 in New York, NY. Housing cost is often the main lever when comparing two cities.

McKinney, TX pays 9% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $59.0 in McKinney, TX vs $122 in New York, NY for a mid-range dinner for two. Groceries echo the gap at $371 vs $545 per month, with McKinney, TX cheaper across the board.

Good to know

🇺🇸 McKinney, TX

🇺🇸 New York, NY

🕒 Local time

19:16 7:16 PM

20:16 8:16 PM

1 h ahead of McKinney, TX

🌤 Weather

👥 Population

202,690

8,804,190

💱 Currency

United States Dollar USD $

📈 Exchange rate

1 USD = 0.89 EUR

Exchange rates and currency converter

On the map

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Between locations

McKinney, TX New York, NY 2,150 km ≈ 3 h 15 min nonstop flight

From you

McKinney, TX
New York, NY

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

McKinney, TX vs New York, NY: Cost of Living - Frequently Asked Questions

McKinney, TX and New York, NY differ by about 77% in total monthly costs ($2,789 vs $4,950 including rent). McKinney, TX is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 9% higher in McKinney, TX, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,673 in McKinney, TX versus $4,389 in New York, NY. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $2,789 per month in McKinney, TX versus $4,950 in New York, NY – a 77% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in McKinney, TX runs roughly 34% less than in New York, NY. Both cities have functional networks, but the price difference matters if you're watching your budget.

Both cities are expensive relative to $3,000. McKinney, TX is the more realistic option, but even there you'll need to be disciplined with housing, food, and fun money.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Expats usually find McKinney, TX gentler on the wallet – expenses run 77% less than in New York, NY. Beyond cost, consider language, visa policies, and how big the international community is in each city.