Irving vs Plano
Cost of Living Comparison · 2026
Irving
Plano
The Verdict
Living in Irving costs 8.3% less than Plano. To match the purchasing power of a $75,000 salary in Irving, you would need $81,750 in Plano.
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 $81,750 in Plano.
Conversely, $75,000 in Plano equals $68,807 in Irving.
Living in Irving vs Plano
Housing Costs
Irving's housing index of 94 is lower Plano's 123, translating to median home prices of $318,000 vs $400,000. The $82,000 difference in home prices means roughly $5,328 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,350/mo in Irving compared to $1,700/mo in Plano, a monthly difference of $350.
Grocery & Food Costs
Grocery expenses index at 99 in Irving and 98 in Plano. A household spending the national average of $475/month on groceries would pay approximately $470/month in Irving vs $466/month in Plano. 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 99 in Plano. Monthly utility bills average approximately $444 in Irving vs $396 in Plano. 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 100 in Plano. 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 $73,400 in Irving and $96,348 in Plano. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $73,400 and $88,393 respectively. Plano residents come out ahead in real purchasing power.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $1,713/month to housing in Irving vs $2,248/month in Plano. In Irving, median rent of $1,350/mo fits within this budget. In Plano, median rent of $1,700/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 29 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
As an Amazon Associate we earn from qualifying purchases