Housing costs in El Paso?
A typical home costs
$281,600, which is 16.7% less expensive than the national average of
$338,100 and 5.4% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in El Paso costs
$1,010 per month, which is 21.1% cheaper than the national average of
$1,280 and 3.0% more than the state average of
$980.
Can I afford El Paso?
To live comfortably in El Paso (zip 79932), Texas, a minimum annual income of
$54,000 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about El Paso?
The cost of living in 79932 El Paso, TX is relatively low compared to other cities in the US, making it an attractive place to live. The median home price is $128,300, and the median rent is just $799 per month for a one-bedroom unit. Groceries and utilities also tend to be lower than the national average. In addition, there are very low taxes on income and property which adds to its appeal as an affordable place to live. With all of these factors considered, it's no wonder that many people opt to move or stay in El Paso where they can enjoy a comfortable lifestyle at a more reasonable cost than many other cities across the country.