Cost of Living: McKinney, TX vs Lewisville, TX (2026)

McKinney

Texas
138
VS

Lewisville

Texas
112

McKinney is 23% more expensive than Lewisville.

$1,841/mo ↑ 17%
Median Rent
$1,572/mo ↓ 15%
$120,273/yr ↑ 41%
Median Income
$85,002/yr ↓ 29%
$439,500 ↑ 25%
Home Value
$350,200 ↓ 20%
$2,101/mo ↑ 29%
Owner Costs
$1,631/mo ↓ 22%
202,314
Population
128,313

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
22.2%
rent-to-income

Detailed Comparison

When comparing McKinney, TX and Lewisville, TX, the overall cost of living indices are 138 and 112 respectively (national median = 100). Rent is $269/month cheaper in Lewisville, saving renters about $3,228/year.

Median household income is $35,271/year higher in McKinney. Home values also differ significantly — the median in McKinney is $439,500 compared to $350,200 in Lewisville.

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

Frequently Asked Questions

McKinney vs Lewisville — common questions

Is McKinney or Lewisville cheaper to live in?
Based on our cost index, Lewisville is cheaper to live in with an index of 112 compared to 138 (US average = 100).
What is the rent difference between McKinney and Lewisville?
Median rent in McKinney is $1,841/month and in Lewisville it's $1,572/month — a difference of $269/month.
Which city has higher income, McKinney or Lewisville?
Median household income is $120,273 in McKinney and $85,002 in Lewisville. Median household income is $35,271/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 Lewisville?
It depends on your priorities. McKinney has a cost index of 138 with median rent of $1,841/mo, while Lewisville has a cost index of 112 with rent of $1,572/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View McKinney details → View Lewisville details →

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