Cost of Living: McKinney, TX vs Springfield, IL (2026)

McKinney

Texas
138
VS

Springfield

Illinois
61

McKinney is 126% more expensive than Springfield.

$1,841/mo ↑ 95%
Median Rent
$945/mo ↓ 49%
$120,273/yr ↑ 84%
Median Income
$65,537/yr ↓ 46%
$439,500 ↑ 183%
Home Value
$155,200 ↓ 65%
$2,101/mo ↑ 116%
Owner Costs
$974/mo ↓ 54%
202,314
Population
113,714

Tax Comparison

0%
Income Tax
4.95%
6.25%
State Sales Tax
6.25%
1.6%
Property Tax
2.07%

Affordability

18.4%
rent-to-income
Affordability
17.3%
rent-to-income

Detailed Comparison

When comparing McKinney, TX and Springfield, IL, the overall cost of living indices are 138 and 61 respectively (national median = 100). Rent is $896/month cheaper in Springfield, saving renters about $10,752/year.

Median household income is $54,736/year higher in McKinney. Home values also differ significantly — the median in McKinney is $439,500 compared to $155,200 in Springfield.

Texas has no state income tax, giving McKinney residents a significant tax advantage over Illinois's 4.95% rate.

Frequently Asked Questions

McKinney vs Springfield — common questions

Is McKinney or Springfield cheaper to live in?
Based on our cost index, Springfield is cheaper to live in with an index of 61 compared to 138 (US average = 100).
What is the rent difference between McKinney and Springfield?
Median rent in McKinney is $1,841/month and in Springfield it's $945/month — a difference of $896/month.
Which city has higher income, McKinney or Springfield?
Median household income is $120,273 in McKinney and $65,537 in Springfield. Median household income is $54,736/year higher in McKinney.
How do taxes compare between Texas and Illinois?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to McKinney or Springfield?
It depends on your priorities. McKinney has a cost index of 138 with median rent of $1,841/mo, while Springfield has a cost index of 61 with rent of $945/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View McKinney details → View Springfield details →

More Comparisons

Other cost of living comparisons for McKinney and Springfield

McKinney vs. Little Rock McKinney vs. Augusta McKinney vs. Salt Lake City McKinney vs. Oxnard McKinney vs. Columbus McKinney vs. Amarillo Springfield vs. Odessa Springfield vs. Beaumont Springfield vs. Elgin Springfield vs. Gresham Springfield vs. Provo Springfield vs. Las Cruces