Cost of Living: Mckinney, TX vs Draper, UT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Mckinney | Draper |
|---|---|---|
| Housing Index | 95.0 | 120.3 |
| Median Home Price | $360,000 | $487,500 |
| Average Rent (2 BR Apartment) | $1800 | $1900 |
| Average Rent (2 BR House) | $1900 | $1938 |
Housing Comparison: Mckinney vs Draper
- The median home price in Draper is higher at $487,500, compared to $360,000 in Mckinney.
- In Draper, the rental for a two-bedroom apartment stands at $1,900, 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 | Draper |
|---|---|---|
| Electricity Price | $14.47 | $11.5 |
| Natural Gas Price | $26.29 | $14 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Mckinney vs Draper
- Electricity costs are higher in Mckinney at $14.47 per kWh, compared to $11.5 in Draper.
- Natural gas is more expensive in Mckinney at $26.29 per unit, while it is cheaper at $14 in Draper.
- Draper has higher utility expenses, averaging $250, while Mckinney averages $200.