Yonkers is 4% cheaper than McKinney.
When comparing Yonkers, NY and McKinney, TX, the overall cost of living indices are 133 and 138 respectively (national median = 100). Rent is $111/month cheaper in Yonkers, saving renters about $1,332/year.
Median household income is $38,457/year higher in McKinney. Home values also differ significantly — the median in Yonkers is $478,000 compared to $439,500 in McKinney.
Texas has no state income tax, giving McKinney residents a significant tax advantage over New York's 10.9% rate.
Yonkers vs McKinney — common questions
Other cost of living comparisons for Yonkers and McKinney