El Paso 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.
IndexEl PasoTexasNational
Cost of living index8891100
IndexEl PasoTexasNational
Goods & Services index9397100
Groceries index10390100
Health care index8996100
Housing index7181100
Transportation index9895100
Utilities index8894100
Here we can see a simple outline of the cost of living in El Paso, TX. As you can see, with the average cost of living in El Paso, TX being 88, that puts it 3% lower than the average of Texas and 12% lower than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of El Paso, TX, the price of goods and services are 4% lower than the average of Texas as well as 7% lower than the nation's average.

Did you know?

  • The cost of living in El Paso is 3% lower than the Texas average.
  • The cost of living in El Paso is 12% lower than the national average.
  • The cost of housing in El Paso is 29% lower 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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Compare El Paso, TX Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
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Groceries index
Health care index
Housing index
Transportation index
Utilities index
Using the salary calculator lets you compare the salary you earn in El Paso, TX to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in El Paso, TX, you have to earn a higher income in order to still have the same standard of living. To operate the El Paso, TX salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$54,925$4,577$1,281$1,648
Renters$27,753$2,313$648$833
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in El Paso, TX as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for El Paso, TX homeowners, is $54,925. This would allow for a maximum of $1,281 per month to be spent on housing costs. For renters, the median monthly income is $27,753 which would result in a maximum of $648 to be spent on rental costs.

Texas Sales Tax

StateGeneral Sales TaxWith Max Surtax
Texas6.25%8.25%

Texas Income Tax

StateIncome Tax (Low)Income Tax (High)
Texas0%0%
When assessing the complete cost of living in El Paso, TX, the Texas income tax and the Texas sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Texas maximum surtax is 8.25%, and the Texas sales tax is 6.25%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 0% to 0% in Texas.

Goods & Services

ItemEl PasoNational avg.Difference
Haircut $17.10$14.5917.2%
Beauty Salon $36.00$34.683.8%
Toothpaste $2.12$2.4714.3%
Shampoo $1.21$1.0218.4%
Movie $9.56$9.873.1%
Bowling $3.53$4.3919.6%

Groceries

ItemEl PasoNational avg.Difference
Ground Beef $5.10$4.4813.9%
Fried Chicken $1.39$1.465.1%
Milk $2.58$2.369.5%
Potatoes $3.35$3.069.4%
Pizza $7.99$9.2413.6%
Beer $9.32$8.638.0%

Health Care

ItemEl PasoNational avg.Difference
Optometrist $73.00$99.7826.8%
Doctor $88.33$105.0315.9%
Dentist $82.00$88.707.6%
Ibuprofen $8.50$9.419.7%
Lipitor $271.13$298.509.2%

Housing

ItemEl PasoNational avg.Difference
Home Price $117,800.00$175,700.0033.0%
Avg. Mortgage Payment $849.19$1,081.0321.4%
Apartment Rent $747.00$920.0018.8%

Transportation

ItemEl PasoNational avg.Difference
Gasoline $1.96$2.096.1%
Tire Balancing $49.96$45.2910.3%

Utilities

ItemEl PasoNational avg.Difference
All Electricity$141.86$170.8016.9%
Phone $26.95$28.264.6%
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, StatePopulationCost of Living IndexNational Avg.
Sparks, TX3,85078-22%
Westway, TX3,93879-21%
San Elizario, TX14,36079-21%
Vinton, TX1,52980-20%
Canutillo, TX6,09181-19%
El Paso, TX669,77188-12%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Memphis, TN656,71584-16%
Detroit, MI695,43780-20%
Boston, MA639,59414646%
Seattle, WA637,85014343%
Denver, CO633,77711010%
El Paso, TX669,77188-12%
Source: The 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 2015.