Irving vs Lafayette

Category-by-Category Breakdown

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

Salary Equivalence

A $75,000 salary in Irving has the same purchasing power as $67,500 in Lafayette.

Conversely, $75,000 in Lafayette equals $83,333 in Irving.

Living in Irving vs Lafayette

Housing Costs

Irving's housing index of 94 is higher Lafayette's 73, translating to median home prices of $318,000 vs $214,000. The $104,000 difference in home prices means roughly $6,756 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,350/mo in Irving compared to $1,100/mo in Lafayette, a monthly difference of $250.

Grocery & Food Costs

Grocery expenses index at 99 in Irving and 96 in Lafayette. A household spending the national average of $475/month on groceries would pay approximately $470/month in Irving vs $456/month in Lafayette. 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 111 in Irving and 97 in Lafayette. Monthly utility bills average approximately $444 in Irving vs $388 in Lafayette. 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 103 in Irving and 80 in Lafayette. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 23-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $73,400 in Irving and $61,900 in Lafayette. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $73,400 and $68,778 respectively. Irving residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,713/month to housing in Irving vs $1,444/month in Lafayette. In Irving, median rent of $1,350/mo fits within this budget. In Lafayette, median rent of $1,100/mo remains manageable. The biggest category-level difference between these two cities is Healthcare, where the gap is 23 index points — focus your budget analysis there.

Frequently Asked Questions

Moving & Relocation Resources

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