Cost of Living in El Paso

Texas · Population: 680,130 · Updated 2026

Affordable
Cost Index
89.9
100 = US avg
Median Income
$60K
Annual household
Median Rent
$1,073/mo
2-bedroom unit
Rent Burden
22%
Income to rent ratio
Cost Category Breakdown

Indexed to national average (100)

Housing63.1
Groceries100.0
Utilities100.0
Transportation100.0
Healthcare100.0
Economic Details
Median Home Value$185K
State Income TaxNone
Unemployment Rate4.1%
Est. Net Income$60K/yr
Affordability Score
105
out of 100
Below national average cost
Salary Converter for El Paso

See what salary you'd need in another city to match your purchasing power in El Paso.

$75,000

About El Paso

El Paso is one of the most affordable large cities in America, sitting on the US-Mexico border. Fort Bliss military base is a major employer, and the growing healthcare and manufacturing sectors offer solid middle-class opportunities.

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Frequently Asked Questions

Is El Paso expensive?

El Paso has a cost of living index of 89.9, where 100 represents the national average. This makes El Paso more affordable than most US cities.

What salary do you need to live comfortably in El Paso?

Based on a rent-to-income ratio of 30%, you'd need at least $42,920 to afford the median 2-bedroom apartment in El Paso and maintain basic expenses.

What is the median rent in El Paso?

The median 2-bedroom rent in El Paso is $1,073 per month, according to HUD Fair Market Rent data.