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Welcome to El Paso, the Sun City! As a local real estate agent, I often work with buyers and renters relocating from larger, more expensive cities. While the beautiful views of the Franklin Mountains and the vibrant culture are huge draws, the biggest deciding factor for many is often how far their budget will stretch here compared to the national average price.
If you’re considering moving to El Paso, you’re in the right place. I’m breaking down the El Paso cost of living and showing you exactly how much more comfortable your life can be here.
Is El Paso Expensive to Live In?
Absolutely not. El Paso consistently ranks as one of the most affordable major cities in Texas and the United States. El Paso’s cost of living index is significantly lower than the national average price. This means the overall price for goods and services here is a fantastic value.
Housing & The Average Monthly Rent
The single greatest factor keeping the El Paso cost of living low is housing. Unlike high-demand metros, El Paso offers accessibility across various price points, whether you’re looking for a historic home near Scenic Drive or a new build near Loop 375.
- Median home price: Typically well below the state average.
- Apartment average monthly rent: Apartments in El Paso remains highly competitive, especially for quality neighborhoods, when compared to other large Texas cities.
- Housing utilities: Electricity, natural gas, water, are comparable or slightly lower than the national average, especially in the summer months compared to cities with higher humidity.
Comparing Item Average Price: El Paso vs. the National Average Price
When you look at day-to-day spending, El Paso shines. Everything from healthcare to transportation costs tends to be lower.
Here are three areas where El Paso beats the national average price:
- Groceries: The cost of food here is noticeably lower than in major coastal cities, helping families keep their monthly budgets lean.
- Transportation: With major arteries like I-10 and Highway 54 providing efficient transit, and reasonable gasoline and maintenance costs, transportation expenses are favorable.
- Healthcare: Health costs, including doctor visits and dental services, are often below the national index.
Cost of Living in El Paso vs. Other Texas Cities
For relocators coming from within Texas, the cost difference is stark.
Is it Cheaper to Live in El Paso or Houston?
Yes, it is definitively cheaper to live in El Paso than Houston. While Houston offers excellent amenities, its sheer size and sprawling growth drive up housing prices and commute times. In fact, an individual in El Paso typically needs less income to achieve the same standard of living as someone in Houston.
If you’re a buyer, the price difference for a comparable home can save you tens of thousands of dollars right outside the city.
What is Middle Class Income in El Paso, Texas?
The definition of middle class income in El Paso, Texas, often surprises people relocating from cities like Austin. Due to the favorable El Paso cost of living, a smaller salary can achieve a similar lifestyle. While the definition varies, many financial experts estimate that due to the lower housing and utilities burden, comfortable middle-class living is achievable at incomes starting around $50,000 for singles and $75,000 for families.
Is El Paso a Good Place to Live in Texas?
Absolutely! Beyond the low cost of living numbers, El Paso offers a quality of life unmatched by other large Texas metros:
- Culture: A true bi-national culture with events like annual events and proximity to Juarez.
- Employment: A strong, diverse job market supported by Fort Bliss, the Medical Center of the Americas complex, and more.
- Recreation: Immediate access to hiking and mountain biking in the Franklin Mountains State Park.
Cost of Finding a City You Love? Priceless
Ready to see how far your budget can take you in the Sun City? Don’t just rely on a cost of living calculator; talk to a local expert! To find affordable homes and apartments that match your budget and lifestyle, contact me today.
You can also use my Property Search for all houses in El Paso, and when you find a home you do like, use my Financial Calculator for basic loan, interest savings, and amortization schedule information to help you better know your cost of living in El Paso.
