Cost of Living: Mckinney, TX vs Virginia beach, VA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Mckinney | Virginia beach |
|---|---|---|
| Housing Index | 95.0 | 105.0 |
| Median Home Price | $360,000 | $359,000 |
| Average Rent (2 BR Apartment) | $1800 | $1895 |
| Average Rent (2 BR House) | $1900 | $1930 |
Housing Comparison: Mckinney vs Virginia beach
- In Mckinney, the median home price is higher at $360,000, while in Virginia beach it is $359,000.
- In Virginia beach, the rental for a two-bedroom apartment stands at $1,895, 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 | Virginia beach |
|---|---|---|
| Electricity Price | $14.47 | $15.31 |
| Natural Gas Price | $26.29 | $19.91 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Mckinney vs Virginia beach
- Virginia beach has higher electricity costs at $15.31 per kWh, versus $14.47 in Mckinney.
- Natural gas is more expensive in Mckinney at $26.29 per unit, while it is cheaper at $19.91 in Virginia beach.
- Virginia beach has higher utility expenses, averaging $250, while Mckinney averages $200.