Housing costs in El Paso?
A typical home costs
$320,100, which is 5.3% less expensive than the national average of
$338,100 and 7.6% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in El Paso costs
$1,110 per month, which is 13.3% cheaper than the national average of
$1,280 and 11.7% more than the state average of
$980.
Can I afford El Paso?
To live comfortably in El Paso (zip 79922), Texas, a minimum annual income of
$61,200 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about El Paso?
79922 El Paso, TX has a low cost of living thanks to the relatively affordable housing in the area. The median home value is around $130,000 and rental costs are quite affordable as well, with a one-bedroom apartment averaging around $700. Prices for groceries and other everyday necessities are also very reasonable. El Paso residents enjoy a good standard of living without having to worry about the high cost of living that some other cities have.