Cost Of Living In Silver Springs Village, El Paso, TX

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	114	87	90
Index	Silver Springs Village	El Paso	Texas
Goods & Services index	87	87	94
Groceries index	106	106	89
Health care index	96	96	95
Housing index	161	71	81
Transportation index	103	103	93
Utilities index	92	92	95

Did you know?

The cost of living in Silver Springs Village is 27% higher than the El Paso average.
The cost of living in Silver Springs Village is 14% higher than the national average.
The cost of housing in Silver Springs Village is 61% 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	$73,956	$6,163	$1,726	$2,219

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	$13.21	$15.56	15.1%
Beauty Salon	$28.88	$36.11	20.0%
Toothpaste	$2.12	$2.47	14.1%
Shampoo	$0.92	$0.96	4.7%
Movie	$9.82	$10.13	3.0%
Bowling	$3.54	$4.74	25.2%

Groceries

Item	El Paso	National avg.	Difference
Ground Beef	$4.24	$3.98	6.3%
Fried Chicken	$1.38	$1.41	1.9%
Milk	$2.10	$2.06	1.8%
Potatoes	$2.91	$2.98	2.4%
Pizza	$8.66	$9.47	8.6%
Beer	$9.14	$8.79	3.9%

Health Care

Item	El Paso	National avg.	Difference
Optometrist	$73.38	$101.04	27.4%
Doctor	$88.89	$107.44	17.3%
Dentist	$93.97	$90.42	3.9%
Ibuprofen	$9.65	$9.28	4.0%
Lipitor	$435.07	$426.50	2.0%

Housing

Item	El Paso	National avg.	Difference
Home Price	$117,800.00	$175,700.00	33.0%
Avg. Mortgage Payment	$825.41	$1,133.23	27.2%
Apartment Rent	$747.00	$920.00	18.8%

Transportation

Item	El Paso	National avg.	Difference
Gasoline	$1.90	$1.99	4.8%
Tire Balancing	$54.65	$45.76	19.4%

Utilities

Item	El Paso	National avg.	Difference
All Electricity	$147.58	$163.81	9.9%
Phone	$26.95	$28.39	5.1%

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.
Westway, TX	3,938	78	-22%
Vinton, TX	1,529	79	-21%
Anthony, NM	9,462	80	-20%
Canutillo, TX	6,091	81	-19%
Chamberino, NM	855	85	-15%
El Paso, TX	669,771	87	-13%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Memphis, TN	656,715	82	-18%
Detroit, MI	695,437	81	-19%
Boston, MA	639,594	147	47%
Seattle, WA	637,850	156	56%
Denver, CO	633,777	111	11%
El Paso, TX	669,771	87	-13%

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 the fourth quarter of 2016.

Silver Springs Village, El Paso, TX Cost of Living