Cost of Living: Mckinney, TX vs Scottsboro, AL

Housing

The housing market plays a significant role in determining the cost of living.

Metric Mckinney Scottsboro
Housing Index 95.0 85.0
Median Home Price $360,000 $192,500
Average Rent (2 BR Apartment) $1800 $1200
Average Rent (2 BR House) $1900 $1280

Housing Comparison: Mckinney vs Scottsboro

  • In Mckinney, the median home price is higher at $360,000, while in Scottsboro it is $192,500.
  • Renting a two-bedroom apartment costs more in Mckinney at $1,800 than in Scottsboro 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 Scottsboro
Electricity Price $14.47 $15.03
Natural Gas Price $26.29 $21.76
Other Utilities $200 $200

Utilities Comparison: Mckinney vs Scottsboro

  • Scottsboro has higher electricity costs at $15.03 per kWh, versus $14.47 in Mckinney.
  • Natural gas is more expensive in Mckinney at $26.29 per unit, while it is cheaper at $21.76 in Scottsboro.
  • Utility expenses are equal in both Mckinney and Scottsboro averaging $200.