Cost of Living: Mckinney, TX vs Simpsonville, SC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Mckinney | Simpsonville |
|---|---|---|
| Housing Index | 95.0 | 110.0 |
| Median Home Price | $360,000 | $305,000 |
| Average Rent (2 BR Apartment) | $1800 | $1500 |
| Average Rent (2 BR House) | $1900 | $1440 |
Housing Comparison: Mckinney vs Simpsonville
- In Mckinney, the median home price is higher at $360,000, while in Simpsonville it is $305,000.
- Renting a two-bedroom apartment costs more in Mckinney at $1,800 than in Simpsonville at $1,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Mckinney | Simpsonville |
|---|---|---|
| Electricity Price | $14.47 | $14.18 |
| Natural Gas Price | $26.29 | $23.51 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Mckinney vs Simpsonville
- Electricity costs are higher in Mckinney at $14.47 per kWh, compared to $14.18 in Simpsonville.
- Natural gas is more expensive in Mckinney at $26.29 per unit, while it is cheaper at $23.51 in Simpsonville.
- Simpsonville has higher utility expenses, averaging $250, while Mckinney averages $200.