Housing costs in El Paso?
A typical home costs
$214,500, which is 36.6% less expensive than the national average of
$338,100 and 27.9% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in El Paso costs
$940 per month, which is 26.6% cheaper than the national average of
$1,280 and 4.3% cheaper than the state average of
$980.
Can I afford El Paso?
To live comfortably in El Paso (zip 79935), Texas, a minimum annual income of
$41,040 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about El Paso?
The cost of living in El Paso, TX (79935) is very affordable. According to the BestPlaces Cost of Living Index, El Paso ranks well below the national average, with housing costs being particularly low. The average monthly rent for a one-bedroom apartment is only about $605 per month, which is much lower than other major cities in the US. Additionally, the cost of groceries, transportation and utilities are all quite reasonable as well. All in all, El Paso is a great place to live if you're looking for an affordable place to call home.