Cost of Living: Mckinney, TX vs Oak grove, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Mckinney | Oak grove |
|---|---|---|
| Housing Index | 95.0 | 90.2 |
| Median Home Price | $360,000 | $182,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1900 | $1280 |
Housing Comparison: Mckinney vs Oak grove
- In Mckinney, the median home price is higher at $360,000, while in Oak grove it is $182,000.
- Renting a two-bedroom apartment costs more in Mckinney at $1,800 than in Oak grove at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Mckinney | Oak grove |
|---|---|---|
| Electricity Price | $14.47 | $12.87 |
| Natural Gas Price | $26.29 | $22.78 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Mckinney vs Oak grove
- Electricity costs are higher in Mckinney at $14.47 per kWh, compared to $12.87 in Oak grove.
- Natural gas is more expensive in Mckinney at $26.29 per unit, while it is cheaper at $22.78 in Oak grove.
- Oak grove has higher utility expenses, averaging $250, while Mckinney averages $200.