Cost of Living: McKinney, TX vs West Palm Beach, FL (2026)

McKinney

Texas
138
VS

West Palm Beach

Florida
119

McKinney is 16% more expensive than West Palm Beach.

$1,841/mo ↑ 8%
Median Rent
$1,709/mo ↓ 7%
$120,273/yr ↑ 74%
Median Income
$69,261/yr ↓ 42%
$439,500 ↑ 19%
Home Value
$369,800 ↓ 16%
$2,101/mo ↑ 26%
Owner Costs
$1,667/mo ↓ 21%
202,314
Population
119,508

Tax Comparison

0%
Income Tax
0%
6.25%
State Sales Tax
6.0%
1.6%
Property Tax
0.86%

Affordability

18.4%
rent-to-income
Affordability
29.6%
rent-to-income

Detailed Comparison

When comparing McKinney, TX and West Palm Beach, FL, the overall cost of living indices are 138 and 119 respectively (national median = 100). Rent is $132/month cheaper in West Palm Beach, saving renters about $1,584/year.

Median household income is $51,012/year higher in McKinney. Home values also differ significantly — the median in McKinney is $439,500 compared to $369,800 in West Palm Beach.

Frequently Asked Questions

McKinney vs West Palm Beach — common questions

Is McKinney or West Palm Beach cheaper to live in?
Based on our cost index, West Palm Beach is cheaper to live in with an index of 119 compared to 138 (US average = 100).
What is the rent difference between McKinney and West Palm Beach?
Median rent in McKinney is $1,841/month and in West Palm Beach it's $1,709/month — a difference of $132/month.
Which city has higher income, McKinney or West Palm Beach?
Median household income is $120,273 in McKinney and $69,261 in West Palm Beach. Median household income is $51,012/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 West Palm Beach?
It depends on your priorities. McKinney has a cost index of 138 with median rent of $1,841/mo, while West Palm Beach has a cost index of 119 with rent of $1,709/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View McKinney details → View West Palm Beach details →

More Comparisons

Other cost of living comparisons for McKinney and West Palm Beach

McKinney vs. Little Rock McKinney vs. Augusta McKinney vs. Salt Lake City McKinney vs. Oxnard McKinney vs. Columbus McKinney vs. Amarillo West Palm Beach vs. Hartford West Palm Beach vs. Spring Hill West Palm Beach vs. Fairfield West Palm Beach vs. Wilmington West Palm Beach vs. Berkeley West Palm Beach vs. Billings