We use a US average of 100 to calculate our cost of living indexes. Anything below 100 indicates Irvine ca is more affordable than the US average. Whereas Irvine ca is more expensive than the US average because the cost of living index is above 100.
Cost of living in Irvine CA 2022
COST OF LIVING | Irvine | California | USA |
Overall | 187.1 | 149.9 | 100 |
Grocery | 105.6 | 105.1 | 100 |
Health | 95.9 | 92.4 | 100 |
Housing | 373.9 | 239.1 | 100 |
Median Home Cost | $1,030,900 | $684,800 | $291,700 |
Utilities | 98.3 | 102.4 | 100 |
Transportation | 111 | 133.1 | 100 |
Miscellaneous | 104.8 | 103.7 | 100 |
The cost of living in Irvine is high, even for California. The rent for a one bedroom apartment in the city is around $2300 and the utilities are an additional $138. Not to mention the comparatively low average salary of about $5800. So to sum it up, Irvine is one of the more expensive cities of California.
Cost of living in Irvine, CA Detailed
Utilities (Monthly)
|
PRICES | RANGE |
---|---|---|
Basic (Electricity, Heating, Cooling, Water, Garbage) | 137.79 $ | |
Local Prepaid Mobile Tariff | 0.14 $ | |
Internet | 66.42 $ | |
Clothing And Shoes
|
||
Pair of Jeans | 51.40 $ | |
Summer Dress | 30.00 $ | |
Pair of Nike Running Shoes | 80.00 $ | |
Pair of Men’s Leather Shoes | 106.88 $ | |
Rent Per Month
|
||
Apartment (1 bedroom) in central city | 2,317.00 $ | |
Apartment (1 bedroom) Outside of the city | 2,007.50 $ | |
Apartment (3 bedrooms) in central city | 3,502.92 $ | |
Apartment (3 bedrooms) Outside of the city | 3,046.67 $ | |
Buy Apartment Price
|
||
Price / Square Meter in the city | 5,616.74 $ | |
Price / Square Meter Outside | 4,887.32 $ | |
Salaries And Financing
|
||
Average Monthly Salary | 5,864.81 $ | |
Mortgage Interest Rate (%), Yearly, Fixed-Rate | 3.78 |
Monthly cost & overview of living in Irvine, CA:
In general terms of the total cost of living, Irvine is a pretty expensive city to reside in. Especially if rent and utilities re compared to the average monthly salary, which is higher than in most US cities but still isn’t enough. Even if compared to other major first world cities, the price of monthly living in Irvine is still higher.