Cost of Living: Hillsboro, IL vs Mckinney, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hillsboro | Mckinney |
|---|---|---|
| Housing Index | 90.0 | 95.0 |
| Median Home Price | $110,000 | $360,000 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1240 | $1900 |
Housing Comparison: Hillsboro vs Mckinney
- The median home price in Mckinney is higher at $360,000, compared to $110,000 in Hillsboro.
- In Mckinney, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Hillsboro.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hillsboro | Mckinney |
|---|---|---|
| Electricity Price | $16.15 | $14.47 |
| Natural Gas Price | $16.59 | $26.29 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Hillsboro vs Mckinney
- Electricity costs are higher in Hillsboro at $16.15 per kWh, compared to $14.47 in Mckinney.
- Mckinney experiences higher natural gas costs at $26.29 per unit, with costs at $16.59 in Hillsboro.
- Other utility costs are higher in Hillsboro at an average of $250, compared to Mckinney with $200.