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Irving, TX vs. North Las Vegas, NV

Median rent is $1,517 a month in Irving, TX and $1,605 in North Las Vegas, NV. Household income is $79,641 against $76,772. 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 Irving, TX buys what $99,799 buys in North Las Vegas, NV
-$201 less to keep the same standard of living
Median gross rent Monthly
$1,517 $1,605 +5.8%
Median household income Annual
$79,641 $76,772 -3.6%
Median home value Owner-occupied
$287,300 $372,300 +29.6%
Rent as share of income Annual rent ÷ income
22.9% 25.1% 2.2 pp
Price level U.S. average = 100
97.2 97.0 -0.2%
Salary needed for median rent Keeps rent at 30% of gross
$60,700 $64,200 +5.8%
Rent median income carries at 30% Affordable rent
$1,991 $1,919 -3.6%
Population City proper
255,036 270,773 +6.2%
Equivalent salary For $100,000 in Irving
$100,000 $99,799 -0.2%

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
$1,517
Irving, TX · 5.8% below North Las Vegas, NV
Higher household income
$79,641
Irving, TX · 3.7% above North Las Vegas, NV
Same standard of living
$99,799
$100,000 in Irving, TX needs $99,799 in North Las Vegas, NV
Price level gap
0.2 points
97.2 in TX against 97.0 in NV
Rent burden gap
2.2 points
Irving, TX versus North Las Vegas, NV, share of income taken by rent
Highest buying power
103.1%
North Las Vegas, NV · share of the national average income that a dollar there buys

Irving, TX vs North Las Vegas, NV: frequently asked questions

Is North Las Vegas, NV more expensive than Irving, TX?

Overall prices are almost identical: a regional price level of 97.0 in North Las Vegas, NV against 97.2 in Irving, TX.

How much do I need to earn in North Las Vegas, NV to keep a $100,000 lifestyle from Irving, TX?

About $99,800. Adjusting $100,000 by the BEA regional price levels of the two areas (97.2 in Irving, TX, 97.0 in North Las Vegas, NV) gives the salary with the same purchasing power. Taxes and personal spending habits are not included.

Is rent cheaper in Irving, TX or North Las Vegas, NV?

The median gross rent is $1,517 a month in Irving, TX and $1,605 in North Las Vegas, NV, a difference of $88 a month or $1,056 a year.

Where are household incomes higher, Irving, TX or North Las Vegas, NV?

The median household income is $79,641 in Irving, TX and $76,772 in North Las Vegas, NV. Rent takes 22.9% of the median income in Irving, TX and 25.1% in North Las Vegas, NV.

What salary do I need to afford the median rent in North Las Vegas, NV?

About $64,200 a year, the gross income that keeps the median rent of $1,605 a month at 30% of income. The same rule gives $60,700 in Irving, TX.

More comparisons with Irving, TX

More comparisons with North Las Vegas, NV

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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 Irving, TX converted into North Las Vegas, NV 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: Irving, TX · North Las Vegas, NV