Daytona Beach vs McKinney
Cost of Living Comparison · 2026
Daytona Beach
McKinney
The Verdict
Daytona Beach is 15.2% less expensive than McKinney overall. A household earning $75,000 in Daytona Beach would need approximately $88,421 in McKinney to maintain the same standard of living.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Daytona Beach has the same purchasing power as $88,421 in McKinney.
Conversely, $75,000 in McKinney equals $63,616 in Daytona Beach.
Living in Daytona Beach vs McKinney
Housing Costs
Daytona Beach's housing index of 93 is lower McKinney's 140, translating to median home prices of $288,000 vs $472,000. The $184,000 difference in home prices means roughly $11,964 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,350/mo in Daytona Beach compared to $1,900/mo in McKinney, a monthly difference of $550.
Grocery & Food Costs
Grocery expenses index at 104 in Daytona Beach and 97 in McKinney. A household spending the national average of $475/month on groceries would pay approximately $494/month in Daytona Beach vs $461/month in McKinney. McKinney offers a meaningful advantage on everyday food costs, saving roughly $396/year.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 101 in Daytona Beach and 113 in McKinney. Monthly utility bills average approximately $404 in Daytona Beach vs $452 in McKinney. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.
Healthcare
Healthcare costs index at 99 in Daytona Beach and 129 in McKinney. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 30-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.
Income & Purchasing Power
Median household income is $52,100 in Daytona Beach and $124,200 in McKinney. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $54,842 and $110,893 respectively. McKinney residents come out ahead in real purchasing power.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $1,216/month to housing in Daytona Beach vs $2,898/month in McKinney. In Daytona Beach, median rent of $1,350/mo exceeds this threshold, suggesting renters may feel stretched. In McKinney, median rent of $1,900/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 47 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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