Housing costs in El Paso?
A typical home costs
$99,500, which is 70.6% less expensive than the national average of
$338,100 and 66.6% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in El Paso costs
$850 per month, which is 33.6% cheaper than the national average of
$1,280 and 15.3% cheaper than the state average of
$980.
Can I afford El Paso?
To live comfortably in El Paso (zip 79901), Texas, a minimum annual income of
$19,080 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about El Paso?
The cost of living in 79901 El Paso, TX is relatively low compared to other large cities in the United States. The median home value in the area is $112,900 according to Zillow, and the median rent price is just $845 per month as of June 2020. Groceries are also inexpensive, with a typical grocery bill costing an average of $361 per month. Residents benefit from low taxes as well; there’s no income tax and sales tax is just 8.25%. All these factors make 79901 El Paso an affordable place to live for individuals and families alike.