Housing costs in El Paso?
A typical home costs
$149,300, which is 55.8% less expensive than the national average of
$338,100 and 49.8% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in El Paso costs
$930 per month, which is 27.3% cheaper than the national average of
$1,280 and 5.4% cheaper than the state average of
$980.
Can I afford El Paso?
To live comfortably in El Paso (zip 79907), Texas, a minimum annual income of
$28,440 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about El Paso?
79907 El Paso, TX is a relatively affordable city to live in compared to other parts of the US. According to BestPlaces, the cost of living index is 72.67, which is lower than the US average of 100. The cost of housing is particularly low with an index score of 51.55, meaning that rent and mortgages are much less expensive than elsewhere in the country. Groceries and transportation costs are also lower than average with scores of 81.20 and 79.17 respectively. All in all, 79907 El Paso, TX offers a great cost-of-living balance for those looking for a more budget-friendly place to live.