Cost of Living: McKinney, TX vs Syracuse, NY (2026)

McKinney

Texas
138
VS

Syracuse

New York
59

McKinney is 134% more expensive than Syracuse.

$1,841/mo ↑ 84%
Median Rent
$998/mo ↓ 46%
$120,273/yr ↑ 162%
Median Income
$45,845/yr ↓ 62%
$439,500 ↑ 251%
Home Value
$125,100 ↓ 72%
$2,101/mo ↑ 114%
Owner Costs
$980/mo ↓ 53%
202,314
Population
146,211

Tax Comparison

0%
Income Tax
10.9%
6.25%
State Sales Tax
4.0%
1.6%
Property Tax
1.62%

Affordability

18.4%
rent-to-income
Affordability
26.1%
rent-to-income

Detailed Comparison

When comparing McKinney, TX and Syracuse, NY, the overall cost of living indices are 138 and 59 respectively (national median = 100). Rent is $843/month cheaper in Syracuse, saving renters about $10,116/year.

Median household income is $74,428/year higher in McKinney. Home values also differ significantly — the median in McKinney is $439,500 compared to $125,100 in Syracuse.

Texas has no state income tax, giving McKinney residents a significant tax advantage over New York's 10.9% rate.

Frequently Asked Questions

McKinney vs Syracuse — common questions

Is McKinney or Syracuse cheaper to live in?
Based on our cost index, Syracuse is cheaper to live in with an index of 59 compared to 138 (US average = 100).
What is the rent difference between McKinney and Syracuse?
Median rent in McKinney is $1,841/month and in Syracuse it's $998/month — a difference of $843/month.
Which city has higher income, McKinney or Syracuse?
Median household income is $120,273 in McKinney and $45,845 in Syracuse. Median household income is $74,428/year higher in McKinney.
How do taxes compare between Texas and New York?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. New York has 10.9% income tax, 4.0% sales tax, and 1.62% property tax.
Should I move to McKinney or Syracuse?
It depends on your priorities. McKinney has a cost index of 138 with median rent of $1,841/mo, while Syracuse has a cost index of 59 with rent of $998/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View McKinney details → View Syracuse details →

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