Cost of Living: McKinney, TX vs Corona, CA (2026)

McKinney

Texas
138
VS

Corona

California
173

McKinney is 20% cheaper than Corona.

$1,841/mo ↓ 14%
Median Rent
$2,136/mo ↑ 16%
$120,273/yr ↑ 13%
Median Income
$106,438/yr ↓ 12%
$439,500 ↓ 33%
Home Value
$656,500 ↑ 49%
$2,101/mo ↓ 8%
Owner Costs
$2,280/mo ↑ 9%
202,314
Population
158,839

Tax Comparison

0%
Income Tax
13.3%
6.25%
State Sales Tax
7.25%
1.6%
Property Tax
0.71%

Affordability

18.4%
rent-to-income
Affordability
24.1%
rent-to-income

Detailed Comparison

When comparing McKinney, TX and Corona, CA, the overall cost of living indices are 138 and 173 respectively (national median = 100). Rent is $295/month cheaper in McKinney, saving renters about $3,540/year.

Median household income is $13,835/year higher in McKinney. Home values also differ significantly — the median in McKinney is $439,500 compared to $656,500 in Corona.

Texas has no state income tax, giving McKinney residents a significant tax advantage over California's 13.3% rate.

Frequently Asked Questions

McKinney vs Corona — common questions

Is McKinney or Corona cheaper to live in?
Based on our cost index, McKinney is cheaper to live in with an index of 138 compared to 173 (US average = 100).
What is the rent difference between McKinney and Corona?
Median rent in McKinney is $1,841/month and in Corona it's $2,136/month — a difference of $295/month.
Which city has higher income, McKinney or Corona?
Median household income is $120,273 in McKinney and $106,438 in Corona. Median household income is $13,835/year higher in McKinney.
How do taxes compare between Texas and California?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. California has 13.3% income tax, 7.25% sales tax, and 0.71% property tax.
Should I move to McKinney or Corona?
It depends on your priorities. McKinney has a cost index of 138 with median rent of $1,841/mo, while Corona has a cost index of 173 with rent of $2,136/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View McKinney details → View Corona details →

More Comparisons

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