City Comparison

Hollywood vs McKinney

Cost of Living Comparison · 2026

Hollywood

Florida
111
Above Average
$424,000
Median Home
$1,725/mo
Median Rent
$60,300
Median Income

McKinney

Texas
112
Above Average
$472,000
Median Home
$1,900/mo
Median Rent
$124,200
Median Income

The Verdict

0.9%

Hollywood is 0.9% less expensive than McKinney overall. A household earning $75,000 in Hollywood would need approximately $75,676 in McKinney to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
130
Hollywood
140
McKinney
Groceries
104
Hollywood
97
McKinney
Utilities
96
Hollywood
113
McKinney
Transportation
113
Hollywood
85
McKinney
Healthcare
96
Hollywood
129
McKinney

Salary Equivalence

A $75,000 salary in Hollywood has the same purchasing power as $75,676 in McKinney.

Conversely, $75,000 in McKinney equals $74,330 in Hollywood.

Living in Hollywood vs McKinney

Housing Costs

Hollywood's housing index of 130 is lower McKinney's 140, translating to median home prices of $424,000 vs $472,000. The $48,000 difference in home prices means roughly $3,120 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,725/mo in Hollywood compared to $1,900/mo in McKinney, a monthly difference of $175.

Grocery & Food Costs

Grocery expenses index at 104 in Hollywood and 97 in McKinney. A household spending the national average of $475/month on groceries would pay approximately $494/month in Hollywood 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 96 in Hollywood and 113 in McKinney. Monthly utility bills average approximately $384 in Hollywood 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 96 in Hollywood and 129 in McKinney. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 33-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $60,300 in Hollywood and $124,200 in McKinney. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $54,324 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 $1,407/month to housing in Hollywood vs $2,898/month in McKinney. In Hollywood, median rent of $1,725/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 Healthcare, where the gap is 33 index points — focus your budget analysis there.

Frequently Asked Questions

Hollywood is 0.9% more affordable overall with an index of 111 vs 112.
A $75,000 salary in Hollywood has equivalent purchasing power to approximately $75,676 in McKinney, based on the cost of living difference.
Hollywood's housing index is 130 with median homes at $424,000, while McKinney's is 140 with median homes at $472,000.

Moving & Relocation Resources

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