Housing costs in El Paso?
A typical home costs
$347,600, which is 2.8% more expensive than the national average of
$338,100 and 16.8% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in El Paso costs
$1,450 per month, which is 13.3% more than the national average of
$1,280 and 32.4% more than the state average of
$980.
Can I afford El Paso?
To live comfortably in El Paso (zip 79911), Texas, a minimum annual income of
$66,600 for a family, and
$48,800 for a single person is recommended.
What does A.I. say about El Paso?
El Paso, TX is an affordable city to live in, with a cost of living that is lower than the national average. The average cost for housing in El Paso is about $90,000, with prices varying depending on the area and type of housing. Property taxes are also relatively low at around 1.07% of assessed value. Groceries, transportation, and utilities are all priced competitvely compared to other cities throughout the United States. In general, residents of El Paso can expect to pay less for housing, groceries and other day-to-day expenses than those living in other parts of the country.