Cost of Living in Irvine, California
Irvine has a population of about 311,690. The median household income is $136,719, median gross rent is $2,997/month, and the median home value is $1,191,500. Below is how Irvine compares to the US.
Is Irvine expensive to live in?
Compared with the national median, rent in Irvine is 81% above the national median and home values are 218% above the national median. Household income here is 63% above the national median. Monthly rent represents roughly 26% of the median annual household income, a rough affordability signal for renters.
Frequently asked questions
What is the average rent in Irvine?
The median gross rent in Irvine, California is $2,997 per month (US Census ACS).
What is the median home price in Irvine?
The median home value in Irvine is $1,191,500.
How much do people earn in Irvine?
The median household income in Irvine is $136,719 per year.
Data source: U.S. Census Bureau, 2024 American Community Survey (ACS) 5-Year Estimates. Last updated 2026-07-11.