El Paso, TX Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In El Paso, TX Summary

Cost of living in El Paso research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means El Paso is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Texas, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in El Paso is 88, with 100 being the average.

  • The cost of living index in El Paso is 0.9x lower than the national average.

  • El Paso ranks as the #180 cheapest in Texas out of 405.

  • El Paso ranks as the #1,278 cheapest out of 6,412 in the US.

  • The median home value in El Paso is $137,600.

  • The median income in El Paso is $51,325.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
88
El Paso's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in El Paso, TX?

According to the most recent data on the cost of living, El Paso has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.

Compared to Texas, El Paso has a cost of living index that's 1.0x lower than Texas's index of 92.

The standard of living in El Paso ranks as #180 most affordable out of the 405 places we measured in Texas. By definition, that implies El Paso ranks as the #225 most expensive place in the Lone Star State.

For more reading on life in El Paso, check out:

180 out of 405
In Texas
1,278 out of 6,412
In America

El Paso Cost Of Living Vs. Texas

Six factors go into calculating the cost of living index in El Paso. Here is how it fairs on each of the criteria:

  • The Services index in El Paso is 98.

  • The Groceries index in El Paso is 110.

  • The Health index in El Paso is 99.

  • The Housing index in El Paso is 68.

  • The Transportation index in El Paso is 101.

  • The Utilities index in El Paso is 89.

Living Expense El Paso Texas National Average
Overall 88 92 100
Services 98 96 100
Groceries 110 93 100
Health 99 93 100
Housing 68 84 100
Transportation 101 92 100
Utilities 89 104 100
For more reading on cost of living around Texas, check out:
El Paso Cost of Living Vs. TX

El Paso, TX Housing Cost Breakdown

Housing swings affordability the most between places in Texas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in El Paso is $137,600.

  • The Median Rent in El Paso is $910.

  • The Median Income in El Paso is $51,325.

  • The Home Value To Income in El Paso is 2.7x.

  • The Rent To Monthly Income in El Paso is 0.21x.

Statistic El Paso Texas United States
Median Home Value $137,600 $202,600 $244,900
Median Rent $910 $1,146 $1,163
Median Income $51,325 $67,321 $69,021
Home Value To Income 2.7x 3.0x 3.5x
Rent To Monthly Income 0.21x 0.2x 0.2x
Search Homes For Sale In El Paso, TX
$137,600
Median Home Value
$910
Median Rent
$51,325
Median Income

El Paso, TX Costs By Category

Detailed El Paso Services Costs Vs. Texas

Item El Paso Texas
Shampoo $1.37 $1.06
Movie $10.03 $10.68
Bowling $14.85 $14.67
Haircut $17.06 $18.62
Beauty Salon $30.42 $39.05

Detailed El Paso Groceries Costs Vs. Texas

Item El Paso Texas
Ground Beef $4.27 $4.22
Fried Chicken $2.02 $1.39
Milk $2.67 $2.05
Potatoes $4.21 $3.29
Pizza $10.27 $10.62
Beer $9.96 $9.38
Toothpaste $2.2 $2.34

Detailed El Paso Health Costs Vs. Texas

Item El Paso Texas
Optometrist $87.16 $108.57
Doctor $133.61 $116.17
Dentist $82.94 $99.13

Detailed El Paso Transportation Costs Vs. Texas

Item El Paso Texas
Gasoline $2.15 $2.22
Tire Balancing $52.13 $50.07

Detailed El Paso Utilities Costs Vs. Texas

Item El Paso Texas
All Electricity $139.01 $167.67
Phone $185.48 $175.64

El Paso SnackAbility

5
/10
Overall SnackAbility
Jobs
6/10
Housing
6
Affordability
7
Diversity
8
Safety
6
Amenities
9
Education
6
Commute
8

Cost Of Living In Cities Around El Paso

The cost of living varies in the cities and towns around El Paso. Here's a quick look at the cost of living in the most populous nearby places:

  • Socorro, TX has a cost of living index of 86, 1.0x El Paso.

  • Sunland Park, NM has a cost of living index of 88, 1.0x El Paso.

  • Fort Bliss, TX has a cost of living index of 110, 1.2x El Paso.

City Population Cost Of Living Vs. El Paso
Socorro, TX 34,687 86 1.0x
Sunland Park, NM 16,488 88 1.0x
Fort Bliss, TX 14,226 110 1.2x
Chaparral, NM 14,098 85 1.0x
Anthony, NM 8,748 85 1.0x
Homestead Meadows North, TX 6,521 84 1.0x
Santa Teresa, NM 6,037 93 1.1x

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