Cost of Living: McKinney, TX vs Tallahassee, FL (2026)
McKinney
Texas
138
VS
Tallahassee
Florida
87
McKinney is 51% more expensive than Tallahassee.
$1,841/mo
↑ 49%
Median Rent
$1,238/mo
↓ 33%
$120,273/yr
↑ 115%
Median Income
$55,931/yr
↓ 53%
$439,500
↑ 59%
Home Value
$276,000
↓ 37%
$2,101/mo
↑ 70%
Owner Costs
$1,237/mo
↓ 41%
202,314
Population
199,696
Tax Comparison
0%
Income Tax
0%
6.25%
Sales Tax
6.0%
1.6%
Property Tax
0.86%
Affordability
18.4%
rent-to-income
Affordability
26.6%
rent-to-income
Detailed Comparison
When comparing McKinney, TX and Tallahassee, FL, the overall cost of living indices are
138 and 87 respectively
(national median = 100). Rent is $603/month cheaper in Tallahassee, saving renters about $7,236/year.
Median household income is $64,342/year higher in McKinney. Home values also differ significantly — the median in McKinney is $439,500
compared to $276,000 in Tallahassee.
Frequently Asked Questions
McKinney vs Tallahassee — common questions
Is McKinney or Tallahassee cheaper to live in?
Based on our cost index, Tallahassee is cheaper to live in with an index of 87 compared to 138 (US average = 100).
What is the rent difference between McKinney and Tallahassee?
Median rent in McKinney is $1,841/month and in Tallahassee it's $1,238/month — a difference of $603/month.
Which city has higher income, McKinney or Tallahassee?
Median household income is $120,273 in McKinney and $55,931 in Tallahassee. Median household income is $64,342/year higher in McKinney.
How do taxes compare between Texas and Florida?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to McKinney or Tallahassee?
It depends on your priorities. McKinney has a cost index of 138 with median rent of $1,841/mo, while Tallahassee has a cost index of 87 with rent of $1,238/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.