Cost of Living in El Paso, TX

Population 678,147 · Texas · Data vintage 2023

65
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

El Paso is among the largest cities in Texas by population, with the kind of employment diversity and housing variation that comes with a major regional hub. At 6.2%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Cost Overview

Housing 56
Rent 79

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in El Paso

The median home value in El Paso is $171,700 — 44% below the national median of $305,000. Median rent runs $1,041/month, 21% lower than the national median of $1,314/month. The median household income of $58,734/year is 21% lower than the US median of $74,580. The local unemployment rate is 6.2%, above the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 78.6°F and lows of 53.8°F, with about 2.8" of annual snowfall. Overall, El Paso has a cost of living index of 65 versus the US average of 100, meaning it is 35% less expensive.

🏠 Housing

Median Home Value
$171,700
44% below avg
Zillow Home Value
$231,885
Zillow ZHVI
Median Rent
$1,041/mo
21% below avg
Zillow Rent
$1,440/mo
Zillow ZORI
Price-to-Rent Ratio
13.7x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$766
1 BR
$811
2 BR
$981
3 BR
$1,307
4 BR
$1,509
Owner-occupied 60.2%
Renter-occupied 39.8%

💰 Estimated Monthly Budget

Rent median rent
$1,041
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,655/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
25.2 min
7% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.8%

Commute Mode

Drove alone
76.5%
Carpooled
11.1%
Public transit
1.1%
Walked
1.1%
Bicycle
0.1%
Work from home
7.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 8.2%
State rate 6.3%
Avg local rate 1.9%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$58,734
21% below avg
Per Capita Income
$28,942
Unemployment Rate
6.2%
29% above avg
Poverty Rate
18.4%
Labor Force Participation
62.4%

🎓 Education

Bachelor's degree+ 18.3%
Graduate degree 9.2%

👥 Demographics

Median Age 34.1
Male median age 32.6
Female median age 35.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
78.6°F
Avg Low
53.8°F
Annual Precip
8.8"
Annual Snowfall
2.8"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 596472808997969488796758
Low °F 353946536271737265544234
Precip" 0.390.400.240.170.430.731.581.671.520.590.430.63
Snow" 0.80.20.00.00.00.00.00.00.00.00.51.3

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 64 — Moderate
18.9%
Good air days/yr
155
Max AQI recorded
206
PM2.5 days
109
Ozone days

Frequently Asked Questions

What is the cost of living in El Paso, TX?

El Paso has a cost index of 65 (100 = national average). It is 35% below the national average.

What is average rent in El Paso, TX?

The median gross rent in El Paso is $1,041 per month based on 2023 Census data.

What is the average home price in El Paso?

The median home value in El Paso is $171,700 according to Zillow and Census data.

What is the median income in El Paso?

The median household income in El Paso is $58,734 per year (2023 ACS 5-year estimates).

What is the sales tax in El Paso, TX?

The combined state and local sales tax rate in El Paso is 8.2%. Texas has no state income tax.

Is El Paso, TX affordable?

Yes, El Paso is generally considered affordable, with a cost of living index of 65 — about 35% below the US national average of 100.

What is the weather like in El Paso?

El Paso has average high temperatures of 78.6°F and average lows of 53.8°F. Annual precipitation is 8.8". Average annual snowfall is 2.8". Data from NOAA 1991–2020 Climate Normals.