Cost of Living in Irving, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
131.8
100 = national avg
+31.8 vs national average
Living Wage (1 Adult)
$57,973
per year
Living Wage (Family of 4)
$137,028
per year
Cost Index by Category
Housing167.5
Food110.9
Transportation102.5
Healthcare108.7
Utilities120.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,648
per month
2 Bedroom
$1,931
per month
The overall cost of living index in Irving is 131.8, which is 31.8% above the national average. Housing costs are above the national average at an index of 167.5. A single adult needs to earn approximately $57,973 per year to cover basic expenses.