Cost of Living: McKinney, TX vs Stamford, CT (2026)

McKinney

Texas
138
VS

Stamford

Connecticut
172

McKinney is 20% cheaper than Stamford.

$1,841/mo ↓ 17%
Median Rent
$2,207/mo ↑ 20%
$120,273/yr ↑ 12%
Median Income
$107,474/yr ↓ 11%
$439,500 ↓ 28%
Home Value
$614,300 ↑ 40%
$2,101/mo ↓ 11%
Owner Costs
$2,358/mo ↑ 12%
202,314
Population
135,806

Tax Comparison

0%
Income Tax
6.99%
6.25%
State Sales Tax
6.35%
1.6%
Property Tax
2.15%

Affordability

18.4%
rent-to-income
Affordability
24.6%
rent-to-income

Detailed Comparison

When comparing McKinney, TX and Stamford, CT, the overall cost of living indices are 138 and 172 respectively (national median = 100). Rent is $366/month cheaper in McKinney, saving renters about $4,392/year.

Median household income is $12,799/year higher in McKinney. Home values also differ significantly — the median in McKinney is $439,500 compared to $614,300 in Stamford.

Texas has no state income tax, giving McKinney residents a significant tax advantage over Connecticut's 6.99% rate.

Frequently Asked Questions

McKinney vs Stamford — common questions

Is McKinney or Stamford cheaper to live in?
Based on our cost index, McKinney is cheaper to live in with an index of 138 compared to 172 (US average = 100).
What is the rent difference between McKinney and Stamford?
Median rent in McKinney is $1,841/month and in Stamford it's $2,207/month — a difference of $366/month.
Which city has higher income, McKinney or Stamford?
Median household income is $120,273 in McKinney and $107,474 in Stamford. Median household income is $12,799/year higher in McKinney.
How do taxes compare between Texas and Connecticut?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Connecticut has 6.99% income tax, 6.35% sales tax, and 2.15% property tax.
Should I move to McKinney or Stamford?
It depends on your priorities. McKinney has a cost index of 138 with median rent of $1,841/mo, while Stamford has a cost index of 172 with rent of $2,207/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View McKinney details → View Stamford details →

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