Irving vs Paterson
Cost of Living Comparison · 2026
Irving
Paterson
The Verdict
Irving is 20.0% less expensive than Paterson overall. A household earning $75,000 in Irving would need approximately $93,750 in Paterson to maintain the same standard of living.
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 $93,750 in Paterson.
Conversely, $75,000 in Paterson equals $60,000 in Irving.
Living in Irving vs Paterson
Housing Costs
Irving's housing index of 94 is lower Paterson's 137, translating to median home prices of $318,000 vs $360,000. The $42,000 difference in home prices means roughly $2,736 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,350/mo in Irving compared to $1,450/mo in Paterson, a monthly difference of $100.
Grocery & Food Costs
Grocery expenses index at 99 in Irving and 106 in Paterson. A household spending the national average of $475/month on groceries would pay approximately $470/month in Irving vs $504/month in Paterson. Irving offers a meaningful advantage on everyday food costs, saving roughly $408/year.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 111 in Irving and 111 in Paterson. Monthly utility bills average approximately $444 in Irving vs $444 in Paterson. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 103 in Irving and 112 in Paterson. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 9-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 $56,000 in Paterson. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $73,400 and $44,800 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 $1,307/month in Paterson. In Irving, median rent of $1,350/mo fits within this budget. In Paterson, median rent of $1,450/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 43 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
As an Amazon Associate we earn from qualifying purchases