Cost of Living: McKinney, TX vs Norman, OK (2026)

McKinney

Texas
138
VS

Norman

Oklahoma
76

McKinney is 82% more expensive than Norman.

$1,841/mo ↑ 73%
Median Rent
$1,064/mo ↓ 42%
$120,273/yr ↑ 85%
Median Income
$65,060/yr ↓ 46%
$439,500 ↑ 84%
Home Value
$239,300 ↓ 46%
$2,101/mo ↑ 87%
Owner Costs
$1,121/mo ↓ 47%
202,314
Population
128,714

Tax Comparison

0%
Income Tax
4.75%
6.25%
State Sales Tax
4.5%
1.6%
Property Tax
0.9%

Affordability

18.4%
rent-to-income
Affordability
19.6%
rent-to-income

Detailed Comparison

When comparing McKinney, TX and Norman, OK, the overall cost of living indices are 138 and 76 respectively (national median = 100). Rent is $777/month cheaper in Norman, saving renters about $9,324/year.

Median household income is $55,213/year higher in McKinney. Home values also differ significantly — the median in McKinney is $439,500 compared to $239,300 in Norman.

Texas has no state income tax, giving McKinney residents a significant tax advantage over Oklahoma's 4.75% rate.

Frequently Asked Questions

McKinney vs Norman — common questions

Is McKinney or Norman cheaper to live in?
Based on our cost index, Norman is cheaper to live in with an index of 76 compared to 138 (US average = 100).
What is the rent difference between McKinney and Norman?
Median rent in McKinney is $1,841/month and in Norman it's $1,064/month — a difference of $777/month.
Which city has higher income, McKinney or Norman?
Median household income is $120,273 in McKinney and $65,060 in Norman. Median household income is $55,213/year higher in McKinney.
How do taxes compare between Texas and Oklahoma?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Oklahoma has 4.75% income tax, 4.5% sales tax, and 0.9% property tax.
Should I move to McKinney or Norman?
It depends on your priorities. McKinney has a cost index of 138 with median rent of $1,841/mo, while Norman has a cost index of 76 with rent of $1,064/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View McKinney details → View Norman details →

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