Cost of Living: Plano, TX vs Irving, TX (2026)

Plano

Texas
132
VS

Irving

Texas
102

Plano is 30% more expensive than Irving.

$1,792/mo ↑ 18%
Median Rent
$1,517/mo ↓ 15%
$108,649/yr ↑ 36%
Median Income
$79,641/yr ↓ 27%
$440,600 ↑ 53%
Home Value
$287,300 ↓ 35%
$1,829/mo ↑ 20%
Owner Costs
$1,521/mo ↓ 17%
287,339
Population
255,036

Tax Comparison

0%
Income Tax
0%
6.25%
Sales Tax
6.25%
1.6%
Property Tax
1.6%

Affordability

19.8%
rent-to-income
Affordability
22.9%
rent-to-income

Detailed Comparison

When comparing Plano, TX and Irving, TX, the overall cost of living indices are 132 and 102 respectively (national median = 100). Rent is $275/month cheaper in Irving, saving renters about $3,300/year.

Median household income is $29,008/year higher in Plano. Home values also differ significantly — the median in Plano is $440,600 compared to $287,300 in Irving.

Both cities share the same state tax structure since they are in Texas.

Frequently Asked Questions

Plano vs Irving — common questions

Is Plano or Irving cheaper to live in?
Based on our cost index, Irving is cheaper to live in with an index of 102 compared to 132 (US average = 100).
What is the rent difference between Plano and Irving?
Median rent in Plano is $1,792/month and in Irving it's $1,517/month — a difference of $275/month.
Which city has higher income, Plano or Irving?
Median household income is $108,649 in Plano and $79,641 in Irving. Median household income is $29,008/year higher in Plano.
How do taxes compare between Texas and Texas?
Both cities are in Texas and share the same state tax rates: 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Plano or Irving?
It depends on your priorities. Plano has a cost index of 132 with median rent of $1,792/mo, while Irving has a cost index of 102 with rent of $1,517/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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