Cost of Living: McKinney, TX vs Hampton, VA (2026)

McKinney

Texas
138
VS

Hampton

Virginia
88

McKinney is 57% more expensive than Hampton.

$1,841/mo ↑ 37%
Median Rent
$1,346/mo ↓ 27%
$120,273/yr ↑ 78%
Median Income
$67,758/yr ↓ 44%
$439,500 ↑ 88%
Home Value
$234,100 ↓ 47%
$2,101/mo ↑ 56%
Owner Costs
$1,347/mo ↓ 36%
202,314
Population
137,334

Tax Comparison

0%
Income Tax
5.75%
6.25%
State Sales Tax
5.3%
1.6%
Property Tax
0.8%

Affordability

18.4%
rent-to-income
Affordability
23.8%
rent-to-income

Detailed Comparison

When comparing McKinney, TX and Hampton, VA, the overall cost of living indices are 138 and 88 respectively (national median = 100). Rent is $495/month cheaper in Hampton, saving renters about $5,940/year.

Median household income is $52,515/year higher in McKinney. Home values also differ significantly — the median in McKinney is $439,500 compared to $234,100 in Hampton.

Texas has no state income tax, giving McKinney residents a significant tax advantage over Virginia's 5.75% rate.

Frequently Asked Questions

McKinney vs Hampton — common questions

Is McKinney or Hampton cheaper to live in?
Based on our cost index, Hampton is cheaper to live in with an index of 88 compared to 138 (US average = 100).
What is the rent difference between McKinney and Hampton?
Median rent in McKinney is $1,841/month and in Hampton it's $1,346/month — a difference of $495/month.
Which city has higher income, McKinney or Hampton?
Median household income is $120,273 in McKinney and $67,758 in Hampton. Median household income is $52,515/year higher in McKinney.
How do taxes compare between Texas and Virginia?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax.
Should I move to McKinney or Hampton?
It depends on your priorities. McKinney has a cost index of 138 with median rent of $1,841/mo, while Hampton has a cost index of 88 with rent of $1,346/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View McKinney details → View Hampton details →

More Comparisons

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