McKinney, Texas vs. New Hope, Texas

Cost of Living Comparison

The cost of living in New Hope, Texas is 5.7% cheaper than McKinney, Texas.

You would need a salary of $61,277 in New Hope, Texas to maintain the standard of living you have in McKinney, Texas.
Comparison highlights
• Overall, New Hope, Texas is cheaper than McKinney, Texas
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
21% cheaper in New Hope
than in McKinney, Texas
Mckinney, TX vs. New Hope, TX
Compared to Mckinney, New Hope is:
  Homeowner
      No Child Care, Taxes not Considered
  5.7% 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
  0.0% higher
  Housing (Homeowner)
  28.7% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  1.5% higher
  Commute
  0.9% lower
  Health
  0.0% higher
  Taxes
  Childcare
  Personal
  0.1% lower