Cost of Living: McKinney, TX vs Torrance, CA (2026)

McKinney

Texas
138
VS

Torrance

California
218

McKinney is 37% cheaper than Torrance.

$1,841/mo ↓ 17%
Median Rent
$2,214/mo ↑ 20%
$120,273/yr ↑ 6%
Median Income
$113,105/yr ↓ 6%
$439,500 ↓ 58%
Home Value
$1,036,600 ↑ 136%
$2,101/mo ↓ 8%
Owner Costs
$2,295/mo ↑ 9%
202,314
Population
143,499

Tax Comparison

0%
Income Tax
13.3%
6.25%
State Sales Tax
7.25%
1.6%
Property Tax
0.71%

Affordability

18.4%
rent-to-income
Affordability
23.5%
rent-to-income

Detailed Comparison

When comparing McKinney, TX and Torrance, CA, the overall cost of living indices are 138 and 218 respectively (national median = 100). Rent is $373/month cheaper in McKinney, saving renters about $4,476/year.

Median household income is $7,168/year higher in McKinney. Home values also differ significantly — the median in McKinney is $439,500 compared to $1,036,600 in Torrance.

Texas has no state income tax, giving McKinney residents a significant tax advantage over California's 13.3% rate.

Frequently Asked Questions

McKinney vs Torrance — common questions

Is McKinney or Torrance cheaper to live in?
Based on our cost index, McKinney is cheaper to live in with an index of 138 compared to 218 (US average = 100).
What is the rent difference between McKinney and Torrance?
Median rent in McKinney is $1,841/month and in Torrance it's $2,214/month — a difference of $373/month.
Which city has higher income, McKinney or Torrance?
Median household income is $120,273 in McKinney and $113,105 in Torrance. Median household income is $7,168/year higher in McKinney.
How do taxes compare between Texas and California?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. California has 13.3% income tax, 7.25% sales tax, and 0.71% property tax.
Should I move to McKinney or Torrance?
It depends on your priorities. McKinney has a cost index of 138 with median rent of $1,841/mo, while Torrance has a cost index of 218 with rent of $2,214/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View McKinney details → View Torrance details →

More Comparisons

Other cost of living comparisons for McKinney and Torrance

McKinney vs. Little Rock McKinney vs. Augusta McKinney vs. Salt Lake City McKinney vs. Oxnard McKinney vs. Columbus McKinney vs. Amarillo Torrance vs. Gainesville Torrance vs. Thornton Torrance vs. Olathe Torrance vs. Visalia Torrance vs. McAllen Torrance vs. Waco