Gilbert is 7% more expensive than McKinney.
When comparing Gilbert, AZ and McKinney, TX, the overall cost of living indices are 148 and 138 respectively (national median = 100). Rent is $187/month cheaper in McKinney, saving renters about $2,244/year.
Median household income is $1,078/year higher in Gilbert. Home values also differ significantly — the median in Gilbert is $518,600 compared to $439,500 in McKinney.
Texas has no state income tax, giving McKinney residents a significant tax advantage over Arizona's 2.5% rate.
Gilbert vs McKinney — common questions
Other cost of living comparisons for Gilbert and McKinney