Cost of Living in Irving, TX

Housing

The housing market plays a significant role in determining the cost of living in Irving, TX.

  • Housing Index: 97.5 / 100
  • Median Home Price is: $393765
  • Average Rent (2 BR Apartment): $1800 per month
  • Average Rent (2 BR House): $1872 per month

Considering a move to Irving, TX? With a housing index of 97.5, it's just slightly below the national average, suggesting a relatively affordable market. The median home price here stands at 393765, which aligns with many suburban areas offering a mix of community-centric living and accessibility. Monthly rents for a 2-bedroom apartment and house average around 1800 and 1872, respectively, indicating a competitive rental market that may attract families and young professionals alike. Before deciding, consider factors such as local schools, amenities, and future developments in the area.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Irving, TX.

  • Electricity Price: 14.47 USD (median by state)
  • Natural Gas Price: $26.29 USD per Thousand Cubic Feet (median by state)
  • Other Utilities (water, garbage, etc.): $200 per month

Living in Irving, TX could entail higher utility costs. Electricity costs sit at 14.47, while natural gas is priced at 26.29 per Thousand Cubic Feet—both aligning with state medians. Expect to budget about 200 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

  • Index score: 101.2

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

  • Median Income: $76686

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

Summary

When considering a move to Irving, TX, consider the following factors:

  • Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
  • Job opportunities: The availability of jobs in your field can affect your quality of life.
  • Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.
Pros
  1. Diverse community and cultures
  2. Good school options available
  3. Cultural events throughout year
  4. Vibrant nightlife scene
  5. Variety of dining options
  6. Many family-friendly activities
  7. Pleasant weather most seasons
  8. Access to sports events
  9. Proximity to Dallas attractions
  10. Strong job market overall
Cons
  1. Racial tensions in some areas
  2. Some areas lack community feel
  3. Public parks may need improvements
  4. Traffic congestion during peak hours
  5. Limited public transportation options
  6. Schools can be inconsistent quality
  7. Moderate crime rates reported
  8. Rising cost of living recently
  9. Heat can be oppressive in summer
  10. Political divisions noted by locals