Cost of Living: Oklahoma City, OK vs McKinney, TX (2026)

Oklahoma City

Oklahoma City
74
VS

McKinney

Texas
138

Oklahoma City is 46% cheaper than McKinney.

$1,083/mo ↓ 41%
Median Rent
$1,841/mo ↑ 70%
$66,702/yr ↓ 45%
Median Income
$120,273/yr ↑ 80%
$215,100 ↓ 51%
Home Value
$439,500 ↑ 104%
$1,133/mo ↓ 46%
Owner Costs
$2,101/mo ↑ 85%
688,693
Population
202,314

Tax Comparison

4.75%
Income Tax
0%
4.5%
State Sales Tax
6.25%
0.9%
Property Tax
1.6%

Affordability

19.5%
rent-to-income
Affordability
18.4%
rent-to-income

Detailed Comparison

When comparing Oklahoma City, OK and McKinney, TX, the overall cost of living indices are 74 and 138 respectively (national median = 100). Rent is $758/month cheaper in Oklahoma City, saving renters about $9,096/year.

Median household income is $53,571/year higher in McKinney. Home values also differ significantly — the median in Oklahoma City is $215,100 compared to $439,500 in McKinney.

Texas has no state income tax, giving McKinney residents a significant tax advantage over Oklahoma City's 4.75% rate.

Frequently Asked Questions

Oklahoma City vs McKinney — common questions

Is Oklahoma City or McKinney cheaper to live in?
Based on our cost index, Oklahoma City is cheaper to live in with an index of 74 compared to 138 (US average = 100).
What is the rent difference between Oklahoma City and McKinney?
Median rent in Oklahoma City is $1,083/month and in McKinney it's $1,841/month — a difference of $758/month.
Which city has higher income, Oklahoma City or McKinney?
Median household income is $66,702 in Oklahoma City and $120,273 in McKinney. Median household income is $53,571/year higher in McKinney.
How do taxes compare between Oklahoma and Texas?
Oklahoma has 4.75% income tax, 4.5% sales tax, and 0.9% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Oklahoma City or McKinney?
It depends on your priorities. Oklahoma City has a cost index of 74 with median rent of $1,083/mo, while McKinney has a cost index of 138 with rent of $1,841/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Oklahoma City details → View McKinney details →

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