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) | 14% lower | 29% lower |
Utilities (Monthly) | 14% lower | 11% lower |
Food | 3% higher | 4% lower |
Healthcare | 6% lower | 11% lower |
Transportation | 7% higher | 4% higher |
Goods & Services | 2% lower | 6% lower |
The cost of living in El Paso, TX is 5% lower than the state average and 12% lower than the national average. El Paso, TX housing is 29% cheaper than the U.S average, while utilities are about 11% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 6% less in El Paso, TX than in the rest of the country, while clothing costs around 6% less .
Healthcare services such as doctor check-ups and dentistry cost 11% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 6% cheaper in El Paso, TX.
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 $1,052, while home prices circle around $331,430.
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 $152.24 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 $4.63 in El Paso, a dozen eggs go for around $3.62 and a pound of potatoes circles around $3.91.
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 $94.77, while a dentist appointment is priced $87.97 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.36 in El Paso, while getting your tires balanced will run you about $67.61.
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 $34.46 here. Meanwhile, a pair of women's slacks will set you back around $33.73.
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 $11.73 a month. When it comes to personal services, a haircut usually goes for $24.90, while dry cleaning costs about $17.55.
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 $55,710.