Is Irving expensive to live in?

Irving is considered moderately expensive, with a cost index of 101 compared to the US average of 100. Living here costs about 1% more than the national average. The median monthly rent is $1,587, and the median household income is $79,641.

What salary do you need to live comfortably in Irving?

Using the standard 30% rent-to-income rule, you need at least $63,480/year to afford median rent in Irving. The median household income is $79,641, giving a rent-to-income ratio of 24%. Financial experts recommend keeping rent below 30% of gross income.

What is the average rent in Irving?

The median rent in Irving is $1,587 per month. Housing costs score 102 against the national average of 100, meaning housing is 2% more expensive than the US average.

How does Irving compare to the national average cost of living?

Irving's overall cost index is 101 vs the national average of 100. Breaking it down: housing (102), food & groceries (99), transportation (96), utilities (93), and healthcare (104). Irving is above average in most categories.

Is Irving, Texas a good place to live?

Irving has a population of 254,373 and a median household income of $79,641. With a cost index of 101, it offers a higher-cost lifestyle. The rent-to-income ratio is 24%, which is within healthy financial guidelines.

What are the cheapest cities near Irving?

To find the most affordable cities near Irving in Texas, use the Livably city comparison tool or browse the Texas state page. You can compare rent, cost index, income, and affordability side by side across all tracked cities.

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Irving

Monthly city intelligence across housing costs, tax load, and affordability signals to help you plan your next move with clearer numbers.

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Cost index: 101

Median rent: $1,587

Median income: $79,641

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About Irving

Living in Irving, Texas

Irving, Texas is a mid-size city with a population of approximately 254,373. The overall cost of living index sits at 101, which is near the national average of 100. This means everyday expenses — housing, groceries, transportation, and healthcare — are roughly 1% more expensive compared to the typical U.S. city.

Housing is the largest cost driver in Irving. Median rent is $1,587 per month, while the median home price is $337,859. At a median household income of $79,641, rent consumes roughly 24% of gross income, which remains manageable relative to local incomes. The housing sub-index of 102 sits close to the national norm.

Beyond housing, healthcare is the most elevated non-shelter expense in Irving with a sub-index of 104, while utilities is comparatively more affordable at 93. State-level taxes also shape the true cost of living: Texas applies a 0.00% income tax rate, and property tax averages 1.60% of assessed home value. The combined sales tax rate is 8.19%. Local income tax may apply in some municipalities.

Over the past twelve months, the cost of living in Irving has remained relatively stable. Among the 40 tracked cities in Texas, Irving ranks #26 from most to least affordable. Whether you're evaluating a job offer, planning a relocation, or comparing salary purchasing power, these numbers give a grounded, data-backed view of what life in Irving actually costs.

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