Housing costs in Irving?
A typical home costs
$271,900, which is 19.6% less expensive than the national average of
$338,100 and 8.6% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Irving costs
$1,410 per month, which is 10.2% more than the national average of
$1,280 and 8.5% cheaper than the state average of
$1,530.
Can I afford Irving?
To live comfortably in Irving (zip 75061), Texas, a minimum annual income of
$52,200 for a family, and
$48,000 for a single person is recommended.
What does A.I. say about Irving?
The cost of living in 75061 Irving, TX is quite high, compared to other cities. The median home value is $242,914 and the median rent price is $1,253 per month. Utility costs are also on the higher end—residents usually pay more than $200 per month for electricity alone. Transportation expenses can also be costly due to the reliance on cars; fuel prices tend to be higher than the national average. Groceries are slightly lower than other similar-sized cities, but dining out can be expensive. Overall, while there are some deals to be found in 75061 Irving, TX the cost of living is still relatively high compared to many other cities around the country.