Silver Springs Village, El Paso, TX Cost Of Living

Silver Springs Village cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Index	Silver Springs Village	El Paso	Texas
Cost of living index	108	85	91
Index	Silver Springs Village	El Paso	Texas
Goods & Services index	90	90	93
Groceries index	101	101	91
Health care index	98	98	96
Housing index	145	70	83
Transportation index	92	92	94
Utilities index	87	87	100

Did you know?

The cost of living in Silver Springs Village is 19% higher than the El Paso average.
The cost of living in Silver Springs Village is 8% higher than the national average.
The cost of housing in Silver Springs Village is 45% higher than the national average.
Texas general sales tax is 23% higher than the national average.
Texas state income tax is 100% lower than the national average.

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Household	$82,054	$6,838	$1,914	$2,462

Texas Sales Tax

State	General Sales Tax	With Max Surtax
Texas	6.25%	8.25%

Texas Income Tax

State	Income Tax (Low)	Income Tax (High)
Texas	0%	0%

Goods & Services

Item	El Paso	National avg.	Difference
Haircut	$14.66	$16.09	8.8%
Beauty Salon	$34.84	$37.33	6.7%
Toothpaste	$1.93	$2.45	21.1%
Shampoo	$1.33	$1.00	33.3%
Movie	$10.25	$10.28	0.3%
Bowling	$4.01	$4.93	18.7%

Groceries

Item	El Paso	National avg.	Difference
Ground Beef	$3.59	$3.80	5.6%
Fried Chicken	$1.48	$1.40	5.8%
Milk	$2.04	$2.01	1.7%
Potatoes	$2.25	$3.01	25.2%
Pizza	$9.34	$9.89	5.6%
Beer	$9.30	$8.90	4.5%

Health Care

Item	El Paso	National avg.	Difference
Optometrist	$83.00	$102.16	18.8%
Doctor	$88.87	$108.36	18.0%
Dentist	$103.26	$92.53	11.6%
Ibuprofen	$9.34	$9.28	0.6%
Lipitor	$420.38	$425.82	1.3%

Housing

Item	El Paso	National avg.	Difference
Home Price	$119,300.00	$184,700.00	35.4%
Avg. Mortgage Payment	$966.89	$1,202.44	19.6%
Apartment Rent	$769.00	$949.00	19.0%

Transportation

Item	El Paso	National avg.	Difference
Gasoline	$2.21	$2.24	1.7%
Tire Balancing	$36.39	$46.29	21.4%

Utilities

Item	El Paso	National avg.	Difference
All Electricity	$158.52	$165.96	4.5%
Phone	$22.20	$28.68	22.6%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, State	Population	Cost of Living Index	National Avg.
Canutillo, TX	5,695	79	-21%
Anthony, NM	9,459	79	-21%
Westway, TX	4,107	79	-21%
Chaparral, NM	14,095	80	-20%
Vinton, TX	1,549	80	-20%
El Paso, TX	678,058	85	-15%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Detroit, MI	683,443	80	-20%
Seattle, WA	668,849	159	59%
Denver, CO	663,303	115	15%
Washington, DC	659,009	152	52%
Boston, MA	658,279	148	48%
El Paso, TX	678,058	85	-15%

Source: The Silver Springs Village, El Paso, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Silver Springs Village, El Paso, TX Cost of Living