Cost of Living: McKinney, TX vs Grand Prairie, TX (2026)

McKinney

Texas
138
VS

Grand Prairie

Texas
98

McKinney is 41% more expensive than Grand Prairie.

$1,841/mo ↑ 25%
Median Rent
$1,470/mo ↓ 20%
$120,273/yr ↑ 52%
Median Income
$78,889/yr ↓ 34%
$439,500 ↑ 61%
Home Value
$272,200 ↓ 38%
$2,101/mo ↑ 42%
Owner Costs
$1,480/mo ↓ 30%
202,314
Population
198,564

Tax Comparison

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

Affordability

18.4%
rent-to-income
Affordability
22.4%
rent-to-income

Detailed Comparison

When comparing McKinney, TX and Grand Prairie, TX, the overall cost of living indices are 138 and 98 respectively (national median = 100). Rent is $371/month cheaper in Grand Prairie, saving renters about $4,452/year.

Median household income is $41,384/year higher in McKinney. Home values also differ significantly — the median in McKinney is $439,500 compared to $272,200 in Grand Prairie.

Both cities share the same state tax structure since they are in Texas.

Frequently Asked Questions

McKinney vs Grand Prairie — common questions

Is McKinney or Grand Prairie cheaper to live in?
Based on our cost index, Grand Prairie is cheaper to live in with an index of 98 compared to 138 (US average = 100).
What is the rent difference between McKinney and Grand Prairie?
Median rent in McKinney is $1,841/month and in Grand Prairie it's $1,470/month — a difference of $371/month.
Which city has higher income, McKinney or Grand Prairie?
Median household income is $120,273 in McKinney and $78,889 in Grand Prairie. Median household income is $41,384/year higher in McKinney.
How do taxes compare between Texas and Texas?
Both cities are in Texas and share the same state tax rates: 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to McKinney or Grand Prairie?
It depends on your priorities. McKinney has a cost index of 138 with median rent of $1,841/mo, while Grand Prairie has a cost index of 98 with rent of $1,470/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View McKinney details → View Grand Prairie details →

More Comparisons

Other cost of living comparisons for McKinney and Grand Prairie

McKinney vs. Little Rock McKinney vs. Augusta McKinney vs. Salt Lake City McKinney vs. Oxnard McKinney vs. Columbus McKinney vs. Amarillo Grand Prairie vs. Sunrise Manor Grand Prairie vs. Montgomery Grand Prairie vs. Birmingham Grand Prairie vs. Grand Rapids Grand Prairie vs. Tallahassee Grand Prairie vs. Sioux Falls