Cost of Living: Fairfield, CA vs Mckinney, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fairfield | Mckinney |
|---|---|---|
| Housing Index | 120.5 | 95.0 |
| Median Home Price | $550,000 | $360,000 |
| Average Rent (2 BR Apartment) | $2300 | $1800 |
| Average Rent (2 BR House) | $2400 | $1900 |
Housing Comparison: Fairfield vs Mckinney
- In Fairfield, the median home price is higher at $550,000, while in Mckinney it is $360,000.
- Renting a two-bedroom apartment costs more in Fairfield at $2,300 than in Mckinney at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Fairfield | Mckinney |
|---|---|---|
| Electricity Price | $32.99 | $14.47 |
| Natural Gas Price | $16.99 | $26.29 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Fairfield vs Mckinney
- Electricity costs are higher in Fairfield at $32.99 per kWh, compared to $14.47 in Mckinney.
- Mckinney experiences higher natural gas costs at $26.29 per unit, with costs at $16.99 in Fairfield.
- Other utility costs are higher in Fairfield at an average of $250, compared to Mckinney with $200.