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Irvine, CA vs Torrance, CA

219
Irvine
California
VS
+14.1%
192
Torrance
California

Torrance is moderately more affordable than Irvine, with a 14.1% lower cost of living index. Irvine scores 219 compared to 192 for Torrance, where the US average is 100. This difference means residents of Irvine can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Irvine is $2,893/month compared to $2,214/month in Torrance — a 31% difference. Home values follow the same pattern: Torrance is more affordable at $1,036,600 median vs $1,115,400.

Median household income in Irvine is $129,647 compared to $113,105 in Torrance (+14.6%). While Irvine is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Irvine spend roughly 26.8% of their income on rent, more than the 23.5% in Torrance.

Climate-wise, both cities share similar average temperatures (64.9°F vs 63°F). Torrance receives more rainfall at 13.6" per year compared to 11.2" in Irvine.

Income & Cost

Cost of Living Index
Irvine
219
Torrance
192
12% cheaper
Median Household Income
Irvine
$129,647
13% higher
Torrance
$113,105

Housing

Median Rent
Irvine
$2,893
Torrance
$2,214
23% cheaper
Median Home Value
Irvine
$1,115,400
Torrance
$1,036,600
7% cheaper
Population
Irvine
308,160
Torrance
143,499

Salary Equivalency Calculator

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Rent by Bedroom Size

HUD Fair Market Rent (FY 2026) — metro area average

Studio
Irvine $2,031
Torrance $2,031
1 Bed
Irvine $2,272
Torrance $2,272
2 Bed
Irvine $2,835
Torrance $2,835
3 Bed
Irvine $3,599
Torrance $3,599
4 Bed
Irvine $4,010
Torrance $4,010

Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Irvine $3.28
Torrance $3.28
US $3.07
🥚
Eggs (grade A, large)
Irvine $2.68
Torrance $2.68
US $2.50
🥛
Milk (whole)
Irvine $4.31
Torrance $4.31
US $4.03
🍞
Bread (white)
Irvine $1.98
Torrance $1.98
US $1.85
🍗
Chicken breast
Irvine $4.44
Torrance $4.44
US $4.14
Electricity
Irvine $0.27
Torrance $0.27
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Irvine 64.9°F
Torrance 63°F
Summer High
Irvine 79°F
Torrance 77°F
Winter Low
Irvine 49°F
Torrance 47°F
Rainfall
Irvine 11.2"
Torrance 13.6"
Rainy Days
Irvine 41d
Torrance 34d