Cost of Living: McKinney, TX vs Evansville, IN (2026)

McKinney

Texas
138
VS

Evansville

Indiana
57

McKinney is 142% more expensive than Evansville.

$1,841/mo ↑ 94%
Median Rent
$949/mo ↓ 48%
$120,273/yr ↑ 130%
Median Income
$52,251/yr ↓ 57%
$439,500 ↑ 240%
Home Value
$129,100 ↓ 71%
$2,101/mo ↑ 129%
Owner Costs
$919/mo ↓ 56%
202,314
Population
116,441

Tax Comparison

0%
Income Tax
3.05%
6.25%
State Sales Tax
7.0%
1.6%
Property Tax
0.83%

Affordability

18.4%
rent-to-income
Affordability
21.8%
rent-to-income

Detailed Comparison

When comparing McKinney, TX and Evansville, IN, the overall cost of living indices are 138 and 57 respectively (national median = 100). Rent is $892/month cheaper in Evansville, saving renters about $10,704/year.

Median household income is $68,022/year higher in McKinney. Home values also differ significantly — the median in McKinney is $439,500 compared to $129,100 in Evansville.

Texas has no state income tax, giving McKinney residents a significant tax advantage over Indiana's 3.05% rate.

Frequently Asked Questions

McKinney vs Evansville — common questions

Is McKinney or Evansville cheaper to live in?
Based on our cost index, Evansville is cheaper to live in with an index of 57 compared to 138 (US average = 100).
What is the rent difference between McKinney and Evansville?
Median rent in McKinney is $1,841/month and in Evansville it's $949/month — a difference of $892/month.
Which city has higher income, McKinney or Evansville?
Median household income is $120,273 in McKinney and $52,251 in Evansville. Median household income is $68,022/year higher in McKinney.
How do taxes compare between Texas and Indiana?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Indiana has 3.05% income tax, 7.0% sales tax, and 0.83% property tax.
Should I move to McKinney or Evansville?
It depends on your priorities. McKinney has a cost index of 138 with median rent of $1,841/mo, while Evansville has a cost index of 57 with rent of $949/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View McKinney details → View Evansville details →

More Comparisons

Other cost of living comparisons for McKinney and Evansville

McKinney vs. Little Rock McKinney vs. Augusta McKinney vs. Salt Lake City McKinney vs. Oxnard McKinney vs. Columbus McKinney vs. Amarillo Evansville vs. The Woodlands Evansville vs. Brandon Evansville vs. Lakeland Evansville vs. West Jordan Evansville vs. Clearwater Evansville vs. Broken Arrow