Irving, TX Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Irving, TX Summary

Cost of living in Irving research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Irving is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Texas, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Irving is 97, with 100 being the average.

  • The cost of living index in Irving is 1.0x lower than the national average.

  • Irving ranks as the #291 cheapest in Texas out of 405.

  • Irving ranks as the #2,747 cheapest out of 6,412 in the US.

  • The median home value in Irving is $218,900.

  • The median income in Irving is $69,961.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
97
Irving's Overall Cost Of Living
1.0x
Lower Than The National Average

What is the cost of living in Irving, TX?

According to the most recent data on the cost of living, Irving has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.

Compared to Texas, Irving has a cost of living index that's 1.1x higher than Texas's index of 92.

The standard of living in Irving ranks as #291 most affordable out of the 405 places we measured in Texas. By definition, that implies Irving ranks as the #114 most expensive place in the Lone Star State.

For more reading on life in Irving, check out:

291 out of 405
In Texas
2,747 out of 6,412
In America

Irving Cost Of Living Vs. Texas

Six factors go into calculating the cost of living index in Irving. Here is how it fairs on each of the criteria:

  • The Services index in Irving is 108.

  • The Groceries index in Irving is 101.

  • The Health index in Irving is 112.

  • The Housing index in Irving is 85.

  • The Transportation index in Irving is 94.

  • The Utilities index in Irving is 109.

Living Expense Irving Texas National Average
Overall 97 92 100
Services 108 96 100
Groceries 101 93 100
Health 112 93 100
Housing 85 84 100
Transportation 94 92 100
Utilities 109 104 100
For more reading on cost of living around Texas, check out:
Irving Cost of Living Vs. TX

Irving, TX Housing Cost Breakdown

Housing swings affordability the most between places in Texas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Irving is $218,900.

  • The Median Rent in Irving is $1,277.

  • The Median Income in Irving is $69,961.

  • The Home Value To Income in Irving is 3.1x.

  • The Rent To Monthly Income in Irving is 0.22x.

Statistic Irving Texas United States
Median Home Value $218,900 $202,600 $244,900
Median Rent $1,277 $1,146 $1,163
Median Income $69,961 $67,321 $69,021
Home Value To Income 3.1x 3.0x 3.5x
Rent To Monthly Income 0.22x 0.2x 0.2x
Search Homes For Sale In Irving, TX
$218,900
Median Home Value
$1,277
Median Rent
$69,961
Median Income

Irving, TX Costs By Category

Detailed Irving Services Costs Vs. Texas

Item Irving Texas
Shampoo $1.03 $1.06
Movie $11.18 $10.68
Bowling $21.14 $14.67
Haircut $27.33 $18.62
Beauty Salon $44.45 $39.05

Detailed Irving Groceries Costs Vs. Texas

Item Irving Texas
Ground Beef $4.42 $4.22
Fried Chicken $1.48 $1.39
Milk $1.97 $2.05
Potatoes $3.62 $3.29
Pizza $9.44 $10.62
Beer $10.12 $9.38
Toothpaste $2.57 $2.34

Detailed Irving Health Costs Vs. Texas

Item Irving Texas
Optometrist $97.86 $108.57
Doctor $121.08 $116.17
Dentist $133.84 $99.13

Detailed Irving Transportation Costs Vs. Texas

Item Irving Texas
Gasoline $1.92 $2.22
Tire Balancing $53.65 $50.07

Detailed Irving Utilities Costs Vs. Texas

Item Irving Texas
All Electricity $188.78 $167.67
Phone $185.48 $175.64

Irving SnackAbility

6
/10
Overall SnackAbility
Jobs
8/10
Housing
8
Affordability
6
Diversity
10
Safety
5
Amenities
9.5
Education
7
Commute
8

Cost Of Living In Cities Around Irving

The cost of living varies in the cities and towns around Irving. Here's a quick look at the cost of living in the most populous nearby places:

  • Plano, TX has a cost of living index of 114, 1.2x Irving.

  • Carrollton, TX has a cost of living index of 105, 1.1x Irving.

  • Richardson, TX has a cost of living index of 110, 1.1x Irving.

City Population Cost Of Living Vs. Irving
Plano, TX 282,181 114 1.2x
Carrollton, TX 131,388 105 1.1x
Richardson, TX 115,904 110 1.1x
Flower Mound, TX 75,050 117 1.2x
Euless, TX 60,134 95 1.0x
Grapevine, TX 50,548 109 1.1x
Bedford, TX 49,576 97 1.0x
Keller, TX 45,190 117 1.2x
Coppell, TX 42,420 121 1.2x
Farmers Branch, TX 36,091 100 1.0x

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