Cost of Living: McKinney, TX vs Cedar Rapids, IA (2026)

McKinney

Texas
138
VS

Cedar Rapids

Iowa
65

McKinney is 112% more expensive than Cedar Rapids.

$1,841/mo ↑ 99%
Median Rent
$925/mo ↓ 50%
$120,273/yr ↑ 77%
Median Income
$67,859/yr ↓ 44%
$439,500 ↑ 148%
Home Value
$177,100 ↓ 60%
$2,101/mo ↑ 94%
Owner Costs
$1,084/mo ↓ 48%
202,314
Population
136,859

Tax Comparison

0%
Income Tax
5.7%
6.25%
State Sales Tax
6.0%
1.6%
Property Tax
1.57%

Affordability

18.4%
rent-to-income
Affordability
16.4%
rent-to-income

Detailed Comparison

When comparing McKinney, TX and Cedar Rapids, IA, the overall cost of living indices are 138 and 65 respectively (national median = 100). Rent is $916/month cheaper in Cedar Rapids, saving renters about $10,992/year.

Median household income is $52,414/year higher in McKinney. Home values also differ significantly — the median in McKinney is $439,500 compared to $177,100 in Cedar Rapids.

Texas has no state income tax, giving McKinney residents a significant tax advantage over Iowa's 5.7% rate.

Frequently Asked Questions

McKinney vs Cedar Rapids — common questions

Is McKinney or Cedar Rapids cheaper to live in?
Based on our cost index, Cedar Rapids is cheaper to live in with an index of 65 compared to 138 (US average = 100).
What is the rent difference between McKinney and Cedar Rapids?
Median rent in McKinney is $1,841/month and in Cedar Rapids it's $925/month — a difference of $916/month.
Which city has higher income, McKinney or Cedar Rapids?
Median household income is $120,273 in McKinney and $67,859 in Cedar Rapids. Median household income is $52,414/year higher in McKinney.
How do taxes compare between Texas and Iowa?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Iowa has 5.7% income tax, 6.0% sales tax, and 1.57% property tax.
Should I move to McKinney or Cedar Rapids?
It depends on your priorities. McKinney has a cost index of 138 with median rent of $1,841/mo, while Cedar Rapids has a cost index of 65 with rent of $925/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View McKinney details → View Cedar Rapids details →

More Comparisons

Other cost of living comparisons for McKinney and Cedar Rapids

McKinney vs. Little Rock McKinney vs. Augusta McKinney vs. Salt Lake City McKinney vs. Oxnard McKinney vs. Columbus McKinney vs. Amarillo Cedar Rapids vs. Hampton Cedar Rapids vs. Dayton Cedar Rapids vs. West Valley City Cedar Rapids vs. Pasadena Cedar Rapids vs. Columbia Cedar Rapids vs. Miramar