Allen, TX vs Irving, TX
There is a significant gap in the cost of living between these two cities. Irving is 21.4% cheaper than Allen. With a cost index of 105 vs 128, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Irving to Allen should plan for substantially higher expenses across most categories.
On the housing front, median rent in Allen is $1,877/month compared to $1,517/month in Irving — a 24% difference. Home values follow the same pattern: Irving is more affordable at $287,300 median vs $429,900.
Median household income in Allen is $129,130 compared to $79,641 in Irving (+62.1%). While Allen is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Allen spend roughly 17.4% of their income on rent, less than the 22.9% in Irving.
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