Often asked: What Is The Cost Of Living Comparison Between El Paso Texas?

El Paso cost of living is 81.4

COST OF LIVING El Paso Texas
Health 86.7 95.4
Housing 56.5 84.3
Median Home Cost $162,100 $243,600
Utilities 97.1 99.2

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Is El Paso Texas expensive to live?

El Paso, Texas’s cost of living is 10% lower than the national average. The cost of living in any area can vary based on factors such as your career, its average salary and the real estate market of that area.

How much money do you need to live comfortably in El Paso TX?

The income needed to live comfortably in El Paso is $50,150. The median household income in the United States is $57,617, and the cost of necessities is $57,311.

How affordable is El Paso Texas?

PRO: Living in El Paso is Affordable With a score of 81/100, it’s nearly 20 points below the national average! That’s likely because every cost-of-living index in El Paso is below that average. While not far below the national average on most costs, we’re much better in two; housing and healthcare.

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Why should I move to El Paso?

Are you considering moving to El Paso? The Lone Star State’s sixth-largest city is one of the most affordable places to live in Texas and offers a robust job market, top-notch dining and culture, and excellent outdoor recreation.

Is El Paso a good place to retire?

El Paso is one of the best places in the country to retire, according to U.S. News & World Report. U.S. News & World Report made its selections based on housing affordability, retiree taxes, happiness, desirability, job markets and health care quality.

Is El Paso a bad place to live?

It’s no secret that El Paso is one of the country’s poorest cities based on income level, but as KFOX14 and many other media outlets have reported for years, El Paso consistently ranks as one of America’s safest big cities because of our low crime rate, especially when it comes to violent crimes.

Is El Paso a good place to live 2021?

The good news is El Paso has plenty of things to offer its locals. Constantly named one of the safest cities in America, El Paso draws families looking for a quiet and secure way of life. The cost of living in El Paso is also very affordable, allowing residents to spend money on entertainment in Downtown El Paso.

Is El Paso Texas A nice place to live?

El Paso is among the Best Places to Live in the nation, according to U.S. News and World Report rankings for 2017. The magazine ranked El Paso as No. 76 of 100 metro areas it studied based on quality of life, job market, value of living and people’s desire to live there.

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What is the racial makeup of El Paso TX?

According to the most recent ACS, the racial composition of El Paso was: White: 80.07% Other race: 11.40% Black or African American: 3.63%

Who is the richest man in El Paso?

Foster is an American businessman who is the CEO of Franklin Mountain Investments. He is the founder and former chairman of the board of Western Refining, a Fortune 200 and Global 2000 oil refiner and marketer based in El Paso, Texas.

What is the per capita income in El Paso?

El Paso Per Capita Income The ACS 1-year survey shows the per capita income for El Paso was $21,915 in 2019. Compared to the median Texas per capita income, El Paso median per capita income is $10,352 lower.

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