McKinney is 94% more expensive than Abilene.
When comparing McKinney, TX and Abilene, TX, the overall cost of living indices are 138 and 71 respectively (national median = 100). Rent is $735/month cheaper in Abilene, saving renters about $8,820/year.
Median household income is $57,553/year higher in McKinney. Home values also differ significantly — the median in McKinney is $439,500 compared to $178,900 in Abilene.
Both cities share the same state tax structure since they are in Texas.
McKinney vs Abilene — common questions
Other cost of living comparisons for McKinney and Abilene