Cost of Living: McKinney, TX vs Lansing, MI (2026)

McKinney

Texas
138
VS

Lansing

Michigan
58

McKinney is 138% more expensive than Lansing.

$1,841/mo ↑ 89%
Median Rent
$976/mo ↓ 47%
$120,273/yr ↑ 131%
Median Income
$52,170/yr ↓ 57%
$439,500 ↑ 268%
Home Value
$119,400 ↓ 73%
$2,101/mo ↑ 115%
Owner Costs
$978/mo ↓ 53%
202,314
Population
112,546

Tax Comparison

0%
Income Tax
4.25%
6.25%
State Sales Tax
6.0%
1.6%
Property Tax
1.38%

Affordability

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

Detailed Comparison

When comparing McKinney, TX and Lansing, MI, the overall cost of living indices are 138 and 58 respectively (national median = 100). Rent is $865/month cheaper in Lansing, saving renters about $10,380/year.

Median household income is $68,103/year higher in McKinney. Home values also differ significantly — the median in McKinney is $439,500 compared to $119,400 in Lansing.

Texas has no state income tax, giving McKinney residents a significant tax advantage over Michigan's 4.25% rate.

Frequently Asked Questions

McKinney vs Lansing — common questions

Is McKinney or Lansing cheaper to live in?
Based on our cost index, Lansing is cheaper to live in with an index of 58 compared to 138 (US average = 100).
What is the rent difference between McKinney and Lansing?
Median rent in McKinney is $1,841/month and in Lansing it's $976/month — a difference of $865/month.
Which city has higher income, McKinney or Lansing?
Median household income is $120,273 in McKinney and $52,170 in Lansing. Median household income is $68,103/year higher in McKinney.
How do taxes compare between Texas and Michigan?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Michigan has 4.25% income tax, 6.0% sales tax, and 1.38% property tax.
Should I move to McKinney or Lansing?
It depends on your priorities. McKinney has a cost index of 138 with median rent of $1,841/mo, while Lansing has a cost index of 58 with rent of $976/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View McKinney details → View Lansing details →

More Comparisons

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