Housing costs in El Paso?
A typical home costs
$223,700, which is 33.8% less expensive than the national average of
$338,100 and 24.8% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in El Paso costs
$1,060 per month, which is 17.2% cheaper than the national average of
$1,280 and 7.5% more than the state average of
$980.
Can I afford El Paso?
To live comfortably in El Paso (zip 79928), Texas, a minimum annual income of
$42,840 for a family, and
$36,000 for a single person is recommended.
What does A.I. say about El Paso?
The cost of living in 79928 El Paso, TX is quite reasonable. The median home price in this area is around $100,000 and the median rent for a two-bedroom apartment is about $780. Additionally, groceries and other necessities are typically a bit cheaper than the national average. This means that residents of 79928 El Paso, TX can live comfortably without breaking their budget. Furthermore, there are plenty of job opportunities in the area and the unemployment rate is low—all factors that contribute to an affordable lifestyle in this city.