Housing costs in McKinney?
A typical home costs
$526,500, which is 55.7% more expensive than the national average of
$338,100 and 76.9% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in McKinney costs
$2,090 per month, which is 63.3% more than the national average of
$1,280 and 26.8% more than the state average of
$1,530.
Can I afford McKinney?
To live comfortably in McKinney (zip 75071), Texas, a minimum annual income of
$100,800 for a family, and
$70,800 for a single person is recommended.
What does A.I. say about McKinney?
75071 McKinney, TX has an average cost of living which is slightly higher than the national average. It is a fast-growing suburb of Dallas and offers many amenities and attractions that draw people to the area. The median home value in 75071 is around $276,000, and the median household income is $68,400. Renters can expect to pay about $1,350 for a one-bedroom apartment in this zip code. Groceries are also slightly more expensive than in some other parts of Texas as the median grocery bill for a family of four is estimated at $220 per week. Despite the higher costs of living in 75071, it remains an attractive destination due to its proximity to Dallas and various entertainment options.