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 79903), 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 79903 El Paso, TX is quite affordable. According to the Cost of Living Index, the city scores 86.8 out of a possible 100, making it one of the most affordable cities in the United States. On average, the cost of housing is 6% lower than the national average, while groceries and utilities are both around 11% lower on average. In addition, transportation costs are very reasonable and health care services are highly accessible and competitively priced. All this combined makes El Paso an ideal place to live for those looking to save money without sacrificing quality.