Housing costs in El Paso?
A typical home costs
$148,300, which is 56.1% less expensive than the national average of
$338,100 and 50.2% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in El Paso costs
$860 per month, which is 32.8% cheaper than the national average of
$1,280 and 14.0% cheaper than the state average of
$980.
Can I afford El Paso?
To live comfortably in El Paso (zip 79904), Texas, a minimum annual income of
$28,440 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about El Paso?
The cost of living in El Paso, TX (79904) is quite affordable compared to the national average. In fact, El Paso boasts the lowest cost of living index in the state of Texas and one of the lowest in the country. This makes it an attractive option for those looking for an affordable place to live. Groceries, transportation, and housing costs are all below the nationwide average, though certain amenities such as entertainment, healthcare, and utilities tend to be a bit higher than the national average. All things considered though, 79904 El Paso remains a great choice for those looking to stretch their dollars further while still enjoying quality goods and services.