USLivingCost Salaries · Rent · Cost of Living

El Paso, TX vs. Irving, TX

Median rent is $1,041 a month in El Paso, TX and $1,517 in Irving, TX. Household income is $58,734 against $79,641. Both cities are read from the same ACS 2019-2023 5-Year Estimates and the same BEA Regional Price Parities 2023, so the two columns below are directly comparable.

$
Same standard of living
A salary of $100,000 in El Paso, TX buys what $107,684 buys in Irving, TX
+$7,684 more to keep the same standard of living
Median gross rent Monthly
$1,041 $1,517 +45.7%
Median household income Annual
$58,734 $79,641 +35.6%
Median home value Owner-occupied
$171,700 $287,300 +67.3%
Rent as share of income Annual rent ÷ income
21.3% 22.9% 1.6 pp
Price level U.S. average = 100
90.2 97.2 +7.8%
Salary needed for median rent Keeps rent at 30% of gross
$41,600 $60,700 +45.9%
Rent median income carries at 30% Affordable rent
$1,468 $1,991 +35.6%
Population City proper
678,147 255,036 -62.4%
Equivalent salary For $100,000 in El Paso
$100,000 $107,684 +7.7%

A green or red badge means the second city is higher or lower, not better or worse: a lower rent is good for a tenant, a lower household income is not. For the price level and
the share of income the raw values are shown, because a percentage difference between two
percentages is easy to misread.

What the gap means

Lower rent
$1,041
El Paso, TX · 45.7% below Irving, TX
Higher household income
$79,641
Irving, TX · 35.6% above El Paso, TX
Same standard of living
$107,684
$100,000 in El Paso, TX needs $107,684 in Irving, TX
Price level gap
6.9 points
90.2 in TX against 97.2 in TX
Rent burden gap
1.6 points
El Paso, TX versus Irving, TX, share of income taken by rent
Highest buying power
110.8%
El Paso, TX · share of the national average income that a dollar there buys

El Paso, TX vs Irving, TX: frequently asked questions

Is Irving, TX more expensive than El Paso, TX?

Yes. Prices in Irving, TX are about 7.7% higher than in El Paso, TX: a regional price level of 97.2 against 90.2, where the U.S. average is 100.

How much do I need to earn in Irving, TX to keep a $100,000 lifestyle from El Paso, TX?

About $107,700. Adjusting $100,000 by the BEA regional price levels of the two areas (90.2 in El Paso, TX, 97.2 in Irving, TX) gives the salary with the same purchasing power. Taxes and personal spending habits are not included.

Is rent cheaper in El Paso, TX or Irving, TX?

The median gross rent is $1,041 a month in El Paso, TX and $1,517 in Irving, TX, a difference of $476 a month or $5,712 a year.

Where are household incomes higher, El Paso, TX or Irving, TX?

The median household income is $58,734 in El Paso, TX and $79,641 in Irving, TX. Rent takes 21.3% of the median income in El Paso, TX and 22.9% in Irving, TX.

What salary do I need to afford the median rent in Irving, TX?

About $60,700 a year, the gross income that keeps the median rent of $1,517 a month at 30% of income. The same rule gives $41,600 in El Paso, TX.

More comparisons with El Paso, TX

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Definitions used on this page

Salary needed for the median rent
Twelve months of median gross rent divided by 0.30: the income that keeps the median rent at 30% of gross pay.
Price level
BEA regional price parity for the metro area where one is published, otherwise for the state. The national average is 100.
Same standard of living
A salary in El Paso, TX converted into Irving, TX at the ratio of the two price levels. It adjusts for prices only, not for taxes or for what either city offers.
Buying power
One hundred divided by the price level: what a dollar buys locally relative to the national average.

Sources

Margins of error are published for every Census figure. Read the methodology before reading a small gap between two cities as a real difference.

Full detail for each city: El Paso, TX · Irving, TX