Cost of Living in Irvine, CA

Irvine has a cost of living index of 165 (100 = national average), making it significantly more expensive than the national average. The median household income is $108,385 and the median home price is $1,250,000.

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Irvine at a Glance

Population

307,670

Cost of Living Index

165

Median Income

$108,385

Median Home Price

$1,250,000

Property Tax Rate

0.67%

Sales Tax Rate

7.75%

Rent Index

175

State

California

Living in Irvine

Irvine is one of the more expensive cities in the United States. Housing costs are a major factor, with the median home price at $1,250,000. However, the median household income of $108,385 partially offsets the higher costs.

The combined sales tax rate in Irvine is 7.75%, and the effective property tax rate is 0.67%. Property taxes are relatively low compared to the national average.

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