Housing costs in McKinney?
A typical home costs
$471,000, which is 39.3% more expensive than the national average of
$338,100 and 58.3% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in McKinney costs
$1,890 per month, which is 47.7% more than the national average of
$1,280 and 19.0% more than the state average of
$1,530.
Can I afford McKinney?
To live comfortably in McKinney (zip 75070), Texas, a minimum annual income of
$90,360 for a family, and
$64,000 for a single person is recommended.
What does A.I. say about McKinney?
The cost of living in 75070 McKinney, TX is relatively high compared to other cities in the region. The median home price for 75070 sits at $333,800, 21.8% higher than the Texas state average. Additionally, the cost of goods and services are around 11% higher than the national average. Despite these costs, McKinney still offers a relatively affordable lifestyle as many of its citizens earn higher salaries due to the abundance of jobs available in nearby Dallas-Fort Worth area. With access to great schools, parks, and shops, living in McKinney is an attractive choice for many people looking to experience all that North Texas has to offer.