Anchorage, AK vs McKinney, TX: 113 vs 138

$1,453/mo ↓ 21%

Median Rent

$1,841/mo ↑ 27%

$98,152/yr ↓ 18%

Median Income

$120,273/yr ↑ 23%

$375,900 ↓ 14%

Home Value

$439,500 ↑ 17%

$1,698/mo ↓ 19%

Owner Costs

$2,101/mo ↑ 24%

289,069

Population

202,314

Detailed Comparison

When comparing Anchorage, AK and McKinney, TX, the overall cost of living indices are 113 and 138 respectively (national median = 100). Rent is $388/month cheaper in Anchorage, saving renters about $4,656/year.

Median household income is $22,121/year higher in McKinney. Home values also differ significantly — the median in Anchorage is $375,900 compared to $439,500 in McKinney.

Frequently Asked Questions

Anchorage vs McKinney — common questions

Is Anchorage or McKinney cheaper to live in?

Based on our cost index, Anchorage is cheaper to live in with an index of 113 compared to 138 (US average = 100).

What is the rent difference between Anchorage and McKinney?

Median rent in Anchorage is $1,453/month and in McKinney it's $1,841/month — a difference of $388/month.

Which city has higher income, Anchorage or McKinney?

Median household income is $98,152 in Anchorage and $120,273 in McKinney. Median household income is $22,121/year higher in McKinney.

How do taxes compare between Alaska and Texas?

Alaska has 0% income tax, 0% sales tax, and 1.04% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.

Should I move to Anchorage or McKinney?

It depends on your priorities. Anchorage has a cost index of 113 with median rent of $1,453/mo, while McKinney has a cost index of 138 with rent of $1,841/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Anchorage, AK vs McKinney, TX (2026)

Anchorage

McKinney

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

More Comparisons