Housing costs in El Paso?
A typical home costs
$226,600, which is 33.0% less expensive than the national average of
$338,100 and 23.9% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in El Paso costs
$1,460 per month, which is 14.1% more than the national average of
$1,280 and 32.9% more than the state average of
$980.
Can I afford El Paso?
To live comfortably in El Paso (zip 79908), Texas, a minimum annual income of
$43,560 for a family, and
$49,200 for a single person is recommended.
What does A.I. say about El Paso?
The cost of living in 79908 El Paso, TX is generally quite low compared to other cities in the United States. Rent for a one bedroom apartment can range from $500 to $800 per month, while a three bedroom apartment averages around $900 per month. Groceries and other essential items are also affordable. On average, these items cost about 10-20% less than those found in comparable regions across the country. Additionally, gasoline prices tend to be among the lowest in the nation due to El Paso’s proximity to multiple oil refineries. With these factors taken into account, it's easy to see why so many people love calling 79908 home!