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Irving, TX vs Richardson, TX

105
Irving
Texas
VS
-15.3%
124
Richardson
Texas

There is a significant gap in the cost of living between these two cities. Irving is 15.3% cheaper than Richardson. With a cost index of 105 vs 124, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Irving to Richardson should plan for substantially higher expenses across most categories.

On the housing front, median rent in Irving is $1,517/month compared to $1,825/month in Richardson — a 17% difference. Home values follow the same pattern: Irving is more affordable at $287,300 median vs $405,600.

Median household income in Irving is $79,641 compared to $96,257 in Richardson (-17.3%). While Richardson is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Irving spend roughly 22.9% of their income on rent, more than the 22.8% in Richardson.

Climate-wise, both cities share similar average temperatures (66.6°F vs 68°F). Richardson receives more rainfall at 38.3" per year compared to 37" in Irving.

Income & Cost

Cost of Living Index
Irving
105
15% cheaper
Richardson
124
Median Household Income
Irving
$79,641
Richardson
$96,257
17% higher

Housing

Median Rent
Irving
$1,517
17% cheaper
Richardson
$1,825
Median Home Value
Irving
$287,300
29% cheaper
Richardson
$405,600
Population
Irving
255,036
Richardson
118,269

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Irving $3.18
Richardson $3.18
US $3.07
🥚
Eggs (grade A, large)
Irving $2.59
Richardson $2.59
US $2.50
🥛
Milk (whole)
Irving $4.17
Richardson $4.17
US $4.03
🍞
Bread (white)
Irving $1.92
Richardson $1.92
US $1.85
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Chicken breast
Irving $4.29
Richardson $4.29
US $4.14
Electricity
Irving $0.18
Richardson $0.18
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Irving 66.6°F
Richardson 68°F
Summer High
Irving 96°F
Richardson 97°F
Winter Low
Irving 36°F
Richardson 38°F
Rainfall
Irving 37"
Richardson 38.3"
Rainy Days
Irving 79d
Richardson 82d