Concord vs Irving
Cost of Living Comparison · 2026
Concord
Irving
The Verdict
The cost gap between these cities is 47.0%, with Irving being the more affordable option. A $75,000 income in Concord has equivalent purchasing power to $51,020 in Irving.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Concord has the same purchasing power as $51,020 in Irving.
Conversely, $75,000 in Irving equals $110,250 in Concord.
Living in Concord vs Irving
Housing Costs
Concord's housing index of 210 is higher Irving's 94, translating to median home prices of $680,000 vs $318,000. The $362,000 difference in home prices means roughly $23,532 per year in additional mortgage costs at current rates. Renters face a similar gap: $2,350/mo in Concord compared to $1,350/mo in Irving, a monthly difference of $1,000.
Grocery & Food Costs
Grocery expenses index at 112 in Concord and 99 in Irving. A household spending the national average of $475/month on groceries would pay approximately $532/month in Concord vs $470/month in Irving. Irving offers a meaningful advantage on everyday food costs, saving roughly $744/year.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 147 in Concord and 111 in Irving. Monthly utility bills average approximately $588 in Concord vs $444 in Irving. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.
Healthcare
Healthcare costs index at 121 in Concord and 103 in Irving. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 18-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.
Income & Purchasing Power
Median household income is $109,000 in Concord and $73,400 in Irving. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $74,150 and $73,400 respectively. Concord residents enjoy stronger real purchasing power despite higher nominal wages.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $2,543/month to housing in Concord vs $1,713/month in Irving. In Concord, median rent of $2,350/mo fits within this budget. In Irving, median rent of $1,350/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 116 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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