Cost of Living: Spanish fork, UT vs Mckinney, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Spanish fork | Mckinney |
|---|---|---|
| Housing Index | 95.0 | 95.0 |
| Median Home Price | $512,000 | $360,000 |
| Average Rent (2 BR Apartment) | $1450 | $1800 |
| Average Rent (2 BR House) | $1480 | $1900 |
Housing Comparison: Spanish fork vs Mckinney
- In Spanish fork, the median home price is higher at $512,000, while in Mckinney it is $360,000.
- In Mckinney, the rental for a two-bedroom apartment stands at $1,800, while it is $1,450 in Spanish fork.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Spanish fork | Mckinney |
|---|---|---|
| Electricity Price | $11.5 | $14.47 |
| Natural Gas Price | $14 | $26.29 |
| Other Utilities | $280 | $200 |
Utilities Comparison: Spanish fork vs Mckinney
- Mckinney has higher electricity costs at $14.47 per kWh, versus $11.5 in Spanish fork.
- Mckinney experiences higher natural gas costs at $26.29 per unit, with costs at $14 in Spanish fork.
- Other utility costs are higher in Spanish fork at an average of $280, compared to Mckinney with $200.