Cost of Living: Tampa, FL vs McKinney, TX (2026)

Tampa

Florida
113
VS

McKinney

Texas
138

Tampa is 18% cheaper than McKinney.

$1,567/mo ↓ 15%
Median Rent
$1,841/mo ↑ 17%
$71,302/yr ↓ 41%
Median Income
$120,273/yr ↑ 69%
$375,300 ↓ 15%
Home Value
$439,500 ↑ 17%
$1,553/mo ↓ 26%
Owner Costs
$2,101/mo ↑ 35%
393,389
Population
202,314

Tax Comparison

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

Affordability

26.4%
rent-to-income
Affordability
18.4%
rent-to-income

Detailed Comparison

When comparing Tampa, FL and McKinney, TX, the overall cost of living indices are 113 and 138 respectively (national median = 100). Rent is $274/month cheaper in Tampa, saving renters about $3,288/year.

Median household income is $48,971/year higher in McKinney. Home values also differ significantly — the median in Tampa is $375,300 compared to $439,500 in McKinney.

Frequently Asked Questions

Tampa vs McKinney — common questions

Is Tampa or McKinney cheaper to live in?
Based on our cost index, Tampa is cheaper to live in with an index of 113 compared to 138 (US average = 100).
What is the rent difference between Tampa and McKinney?
Median rent in Tampa is $1,567/month and in McKinney it's $1,841/month — a difference of $274/month.
Which city has higher income, Tampa or McKinney?
Median household income is $71,302 in Tampa and $120,273 in McKinney. Median household income is $48,971/year higher in McKinney.
How do taxes compare between Florida and Texas?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Tampa or McKinney?
It depends on your priorities. Tampa has a cost index of 113 with median rent of $1,567/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 Tampa details → View McKinney details →

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