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) | 17% lower | 30% lower |
Utilities (Monthly) | 12% lower | 10% lower |
Food | 10% higher | 0% |
Healthcare | 2% higher | 4% lower |
Transportation | 2% higher | 1% lower |
Goods & Services | 0% | 4% lower |
The cost of living in El Paso, TX is 3% lower than the state average and 11% lower than the national average. El Paso, TX housing is 30% 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 4% less in El Paso, TX than in the rest of the country, while clothing costs around 4% less .
Healthcare services such as doctor check-ups and dentistry cost 4% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 4% 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 $1,152, while home prices circle around $298,760.
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 $142.27 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 $2.80 in El Paso, a dozen eggs go for around $2.83 and a pound of potatoes circles around $4.19.
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 $98.73, while a dentist appointment is priced $85.89 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.55 in El Paso, while getting your tires balanced will run you about $61.39.
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 $32.89 here. Meanwhile, a pair of women's slacks will set you back around $33.67.
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 $11.52 a month. When it comes to personal services, a haircut usually goes for $21.36, while dry cleaning costs about $15.16.
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.