Cost of Living: Mckinney, TX vs Brookings, SD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Mckinney | Brookings |
|---|---|---|
| Housing Index | 95.0 | 90.0 |
| Median Home Price | $360,000 | $290,000 |
| Average Rent (2 BR Apartment) | $1800 | $950 |
| Average Rent (2 BR House) | $1900 | $960 |
Housing Comparison: Mckinney vs Brookings
- In Mckinney, the median home price is higher at $360,000, while in Brookings it is $290,000.
- In Brookings, the rental for a two-bedroom apartment stands at $950, while it is $1,800 in Mckinney.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Mckinney | Brookings |
|---|---|---|
| Electricity Price | $14.47 | $14.15 |
| Natural Gas Price | $26.29 | $10.63 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Mckinney vs Brookings
- Electricity costs are higher in Mckinney at $14.47 per kWh, compared to $14.15 in Brookings.
- Natural gas is more expensive in Mckinney at $26.29 per unit, while it is cheaper at $10.63 in Brookings.
- Brookings has higher utility expenses, averaging $250, while Mckinney averages $200.