Cost of Living: Honolulu, HI vs McKinney, TX (2026)

Honolulu

Hawaii
175
VS

McKinney

Texas
138

Honolulu is 27% more expensive than McKinney.

$1,783/mo ↓ 3%
Median Rent
$1,841/mo ↑ 3%
$85,428/yr ↓ 29%
Median Income
$120,273/yr ↑ 41%
$834,100 ↑ 90%
Home Value
$439,500 ↓ 47%
$1,809/mo ↓ 14%
Owner Costs
$2,101/mo ↑ 16%
346,323
Population
202,314

Tax Comparison

11.0%
Income Tax
0%
4.0%
State Sales Tax
6.25%
0.32%
Property Tax
1.6%

Affordability

25.0%
rent-to-income
Affordability
18.4%
rent-to-income

Detailed Comparison

When comparing Honolulu, HI and McKinney, TX, the overall cost of living indices are 175 and 138 respectively (national median = 100). Rent is $58/month cheaper in Honolulu, saving renters about $696/year.

Median household income is $34,845/year higher in McKinney. Home values also differ significantly — the median in Honolulu is $834,100 compared to $439,500 in McKinney.

Texas has no state income tax, giving McKinney residents a significant tax advantage over Hawaii's 11.0% rate.

Frequently Asked Questions

Honolulu vs McKinney — common questions

Is Honolulu or McKinney cheaper to live in?
Based on our cost index, McKinney is cheaper to live in with an index of 138 compared to 175 (US average = 100).
What is the rent difference between Honolulu and McKinney?
Median rent in Honolulu is $1,783/month and in McKinney it's $1,841/month — a difference of $58/month.
Which city has higher income, Honolulu or McKinney?
Median household income is $85,428 in Honolulu and $120,273 in McKinney. Median household income is $34,845/year higher in McKinney.
How do taxes compare between Hawaii and Texas?
Hawaii has 11.0% income tax, 4.0% sales tax, and 0.32% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Honolulu or McKinney?
It depends on your priorities. Honolulu has a cost index of 175 with median rent of $1,783/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.
View Honolulu details → View McKinney details →

More Comparisons

Other cost of living comparisons for Honolulu and McKinney

Honolulu vs. Cleveland Honolulu vs. Anaheim Honolulu vs. New Orleans Honolulu vs. Henderson Honolulu vs. Aurora Honolulu vs. Lexington McKinney vs. Little Rock McKinney vs. Augusta McKinney vs. Salt Lake City McKinney vs. Oxnard McKinney vs. Columbus McKinney vs. Amarillo