Cost of Living: McKinney, TX vs Coral Springs, FL (2026)

McKinney

Texas
138
VS

Coral Springs

Florida
146

McKinney is 5% cheaper than Coral Springs.

$1,841/mo ↓ 6%
Median Rent
$1,951/mo ↑ 6%
$120,273/yr ↑ 33%
Median Income
$90,643/yr ↓ 25%
$439,500 ↓ 13%
Home Value
$502,700 ↑ 14%
$2,101/mo ↑ 7%
Owner Costs
$1,969/mo ↓ 6%
202,314
Population
133,962

Tax Comparison

0%
Income Tax
0%
6.25%
State Sales Tax
6.0%
1.6%
Property Tax
0.86%

Affordability

18.4%
rent-to-income
Affordability
25.8%
rent-to-income

Detailed Comparison

When comparing McKinney, TX and Coral Springs, FL, the overall cost of living indices are 138 and 146 respectively (national median = 100). Rent is $110/month cheaper in McKinney, saving renters about $1,320/year.

Median household income is $29,630/year higher in McKinney. Home values also differ significantly — the median in McKinney is $439,500 compared to $502,700 in Coral Springs.

Frequently Asked Questions

McKinney vs Coral Springs — common questions

Is McKinney or Coral Springs cheaper to live in?
Based on our cost index, McKinney is cheaper to live in with an index of 138 compared to 146 (US average = 100).
What is the rent difference between McKinney and Coral Springs?
Median rent in McKinney is $1,841/month and in Coral Springs it's $1,951/month — a difference of $110/month.
Which city has higher income, McKinney or Coral Springs?
Median household income is $120,273 in McKinney and $90,643 in Coral Springs. Median household income is $29,630/year higher in McKinney.
How do taxes compare between Texas and Florida?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to McKinney or Coral Springs?
It depends on your priorities. McKinney has a cost index of 138 with median rent of $1,841/mo, while Coral Springs has a cost index of 146 with rent of $1,951/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View McKinney details → View Coral Springs details →

More Comparisons

Other cost of living comparisons for McKinney and Coral Springs

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