Cost of Living in El Paso, TX
|Cost of Living in El Paso, TX||Compared to State Average||Compared to National Average|
|Housing (Buy and Rent)||16% lower||29% lower|
|Utilities (Monthly)||12% lower||10% lower|
|Food||15% higher||5% higher|
|Healthcare||2% higher||3% lower|
|Transportation||12% higher||2% higher|
|Goods & Services||3% higher||0%|
The cost of living in El Paso, TX is 1% lower than the state average and 8% lower than the national average. El Paso, TX housing is 29% cheaper than the U.S average, while utilities are about 10% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 0% in El Paso, TX than in the rest of the country, while clothing costs around 0% .
Healthcare services such as doctor check-ups and dentistry cost 3% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 0% in El Paso, TX.
Housing (Buy and Rent)
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in El Paso is $978, while home prices circle around $253,484.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In El Paso, energy bills cost around $140.05 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $2.50 in El Paso, a dozen eggs go for around $1.78 and a pound of potatoes circles around $4.10.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In El Paso, an optometry check-up costs around $80.94, while a dentist appointment is priced $78.80 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $2.26 in El Paso, while getting your tires balanced will run you about $56.67.
Goods & Services
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $23.49 here. Meanwhile, a pair of women's slacks will set you back around $33.72.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in El Paso, you should budget around $10.28 a month. When it comes to personal services, a haircut usually goes for $17.58, while dry cleaning costs about $15.44.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In El Paso, the median household income is $48,866.