Cost of Living: Reno, NV vs McKinney, TX (2026)

Reno

Nevada
122
VS

McKinney

Texas
138

Reno is 12% cheaper than McKinney.

$1,453/mo ↓ 21%
Median Rent
$1,841/mo ↑ 27%
$78,448/yr ↓ 35%
Median Income
$120,273/yr ↑ 53%
$498,600 ↑ 13%
Home Value
$439,500 ↓ 12%
$1,482/mo ↓ 29%
Owner Costs
$2,101/mo ↑ 42%
268,959
Population
202,314

Tax Comparison

0%
Income Tax
0%
6.85%
State Sales Tax
6.25%
0.53%
Property Tax
1.6%

Affordability

22.2%
rent-to-income
Affordability
18.4%
rent-to-income

Detailed Comparison

When comparing Reno, NV and McKinney, TX, the overall cost of living indices are 122 and 138 respectively (national median = 100). Rent is $388/month cheaper in Reno, saving renters about $4,656/year.

Median household income is $41,825/year higher in McKinney. Home values also differ significantly — the median in Reno is $498,600 compared to $439,500 in McKinney.

Frequently Asked Questions

Reno vs McKinney — common questions

Is Reno or McKinney cheaper to live in?
Based on our cost index, Reno is cheaper to live in with an index of 122 compared to 138 (US average = 100).
What is the rent difference between Reno and McKinney?
Median rent in Reno is $1,453/month and in McKinney it's $1,841/month — a difference of $388/month.
Which city has higher income, Reno or McKinney?
Median household income is $78,448 in Reno and $120,273 in McKinney. Median household income is $41,825/year higher in McKinney.
How do taxes compare between Nevada and Texas?
Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Reno or McKinney?
It depends on your priorities. Reno has a cost index of 122 with median rent of $1,453/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 Reno details → View McKinney details →

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