Cost of Living in Irving, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
65.4
100 = national avg
-34.6 vs national average
Living Wage (1 Adult)
$28,795
per year
Living Wage (Family of 4)
$68,060
per year
Cost Index by Category
Housing41.8
Food85.4
Transportation70.7
Healthcare88.3
Utilities79.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$714
per month
2 Bedroom
$937
per month
The overall cost of living index in Irving is 65.4, which is 34.6% below the national average. Housing costs are below the national average at an index of 41.8. A single adult needs to earn approximately $28,795 per year to cover basic expenses.