Cost of Living: McKinney, TX vs Hollywood, FL (2026)

McKinney

Texas
138
VS

Hollywood

Florida
113

McKinney is 22% more expensive than Hollywood.

$1,841/mo ↑ 18%
Median Rent
$1,555/mo ↓ 16%
$120,273/yr ↑ 84%
Median Income
$65,359/yr ↓ 46%
$439,500 ↑ 17%
Home Value
$374,200 ↓ 15%
$2,101/mo ↑ 34%
Owner Costs
$1,568/mo ↓ 25%
202,314
Population
152,935

Tax Comparison

0%
Income Tax
0%
6.25%
State Sales Tax
6.0%
1.6%
Property Tax
0.86%

Affordability

18.4%
rent-to-income
Affordability
28.6%
rent-to-income

Detailed Comparison

When comparing McKinney, TX and Hollywood, FL, the overall cost of living indices are 138 and 113 respectively (national median = 100). Rent is $286/month cheaper in Hollywood, saving renters about $3,432/year.

Median household income is $54,914/year higher in McKinney. Home values also differ significantly — the median in McKinney is $439,500 compared to $374,200 in Hollywood.

Frequently Asked Questions

McKinney vs Hollywood — common questions

Is McKinney or Hollywood cheaper to live in?
Based on our cost index, Hollywood is cheaper to live in with an index of 113 compared to 138 (US average = 100).
What is the rent difference between McKinney and Hollywood?
Median rent in McKinney is $1,841/month and in Hollywood it's $1,555/month — a difference of $286/month.
Which city has higher income, McKinney or Hollywood?
Median household income is $120,273 in McKinney and $65,359 in Hollywood. Median household income is $54,914/year higher in McKinney.
How do taxes compare between Texas and Florida?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to McKinney or Hollywood?
It depends on your priorities. McKinney has a cost index of 138 with median rent of $1,841/mo, while Hollywood has a cost index of 113 with rent of $1,555/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View McKinney details → View Hollywood details →

More Comparisons

Other cost of living comparisons for McKinney and Hollywood

McKinney vs. Little Rock McKinney vs. Augusta McKinney vs. Salt Lake City McKinney vs. Oxnard McKinney vs. Columbus McKinney vs. Amarillo Hollywood vs. Sunnyvale Hollywood vs. Roseville Hollywood vs. Springfield Hollywood vs. Charleston Hollywood vs. Kansas City Hollywood vs. Bellevue