Lakeway, Texas vs. McKinney, Texas

Cost of Living Comparison

The cost of living in McKinney, Texas is 28.6% cheaper than Lakeway, Texas.

You would need a salary of $35,714 in McKinney, Texas to maintain the standard of living you have in Lakeway, Texas.
Comparison highlights
• Overall, McKinney, Texas is cheaper than Lakeway, Texas
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
36% cheaper in McKinney
than in Lakeway, Texas
Lakeway, TX vs. Mckinney, TX
Compared to Lakeway, Mckinney is:
  Homeowner
      No Child Care, Taxes not Considered
  28.6% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  3.2% higher
  Housing (Homeowner)
  30.4% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  1.5% higher
  Commute
  23.3% lower
  Health
  0.6% lower
  Taxes
  Childcare
  Personal
  8.5% lower