Cost of Living: McKinney, TX vs Fargo, ND (2026)

McKinney

Texas
138
VS

Fargo

North Dakota
73

McKinney is 89% more expensive than Fargo.

$1,841/mo ↑ 101%
Median Rent
$916/mo ↓ 50%
$120,273/yr ↑ 82%
Median Income
$66,029/yr ↓ 45%
$439,500 ↑ 63%
Home Value
$269,800 ↓ 39%
$2,101/mo ↑ 111%
Owner Costs
$997/mo ↓ 53%
202,314
Population
129,064

Tax Comparison

0%
Income Tax
2.5%
6.25%
State Sales Tax
5.0%
1.6%
Property Tax
0.98%

Affordability

18.4%
rent-to-income
Affordability
16.6%
rent-to-income

Detailed Comparison

When comparing McKinney, TX and Fargo, ND, the overall cost of living indices are 138 and 73 respectively (national median = 100). Rent is $925/month cheaper in Fargo, saving renters about $11,100/year.

Median household income is $54,244/year higher in McKinney. Home values also differ significantly — the median in McKinney is $439,500 compared to $269,800 in Fargo.

Texas has no state income tax, giving McKinney residents a significant tax advantage over North Dakota's 2.5% rate.

Frequently Asked Questions

McKinney vs Fargo — common questions

Is McKinney or Fargo cheaper to live in?
Based on our cost index, Fargo is cheaper to live in with an index of 73 compared to 138 (US average = 100).
What is the rent difference between McKinney and Fargo?
Median rent in McKinney is $1,841/month and in Fargo it's $916/month — a difference of $925/month.
Which city has higher income, McKinney or Fargo?
Median household income is $120,273 in McKinney and $66,029 in Fargo. Median household income is $54,244/year higher in McKinney.
How do taxes compare between Texas and North Dakota?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. North Dakota has 2.5% income tax, 5.0% sales tax, and 0.98% property tax.
Should I move to McKinney or Fargo?
It depends on your priorities. McKinney has a cost index of 138 with median rent of $1,841/mo, while Fargo has a cost index of 73 with rent of $916/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View McKinney details → View Fargo details →

More Comparisons

Other cost of living comparisons for McKinney and Fargo

McKinney vs. Little Rock McKinney vs. Augusta McKinney vs. Salt Lake City McKinney vs. Oxnard McKinney vs. Columbus McKinney vs. Amarillo Fargo vs. Santa Clara Fargo vs. Norman Fargo vs. Carrollton Fargo vs. Lewisville Fargo vs. New Haven Fargo vs. Lehigh Acres