City Comparison

Hollywood vs Irving

Cost of Living Comparison · 2026

Hollywood

Florida
111
Above Average
$424,000
Median Home
$1,725/mo
Median Rent
$60,300
Median Income

Irving

Texas
100
Average
$318,000
Median Home
$1,350/mo
Median Rent
$73,400
Median Income

The Verdict

11.0%

Irving is 11.0% less expensive than Hollywood overall. A household earning $75,000 in Hollywood would need approximately $67,568 in Irving to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
130
Hollywood
94
Irving
Groceries
104
Hollywood
99
Irving
Utilities
96
Hollywood
111
Irving
Transportation
113
Hollywood
97
Irving
Healthcare
96
Hollywood
103
Irving

Salary Equivalence

A $75,000 salary in Hollywood has the same purchasing power as $67,568 in Irving.

Conversely, $75,000 in Irving equals $83,250 in Hollywood.

Living in Hollywood vs Irving

Housing Costs

Hollywood's housing index of 130 is higher Irving's 94, translating to median home prices of $424,000 vs $318,000. The $106,000 difference in home prices means roughly $6,888 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,725/mo in Hollywood compared to $1,350/mo in Irving, a monthly difference of $375.

Grocery & Food Costs

Grocery expenses index at 104 in Hollywood and 99 in Irving. A household spending the national average of $475/month on groceries would pay approximately $494/month in Hollywood vs $470/month in Irving. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 96 in Hollywood and 111 in Irving. Monthly utility bills average approximately $384 in Hollywood 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 96 in Hollywood and 103 in Irving. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $60,300 in Hollywood and $73,400 in Irving. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $54,324 and $73,400 respectively. Irving residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,407/month to housing in Hollywood vs $1,713/month in Irving. In Hollywood, median rent of $1,725/mo exceeds this threshold, suggesting renters may feel stretched. 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 36 index points — focus your budget analysis there.

Frequently Asked Questions

Irving is 11.0% more affordable overall with an index of 100 vs 111.
A $75,000 salary in Hollywood has equivalent purchasing power to approximately $67,568 in Irving, based on the cost of living difference.
Hollywood's housing index is 130 with median homes at $424,000, while Irving's is 94 with median homes at $318,000.

Moving & Relocation Resources

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