Cost of Living in El Paso, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
100.4
100 = national avg
+0.4 vs national average
Living Wage (1 Adult)
$44,185
per year
Living Wage (Family of 4)
$104,437
per year
Cost Index by Category
Housing113.4
Food94.9
Transportation89.8
Healthcare95.9
Utilities99.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,013
per month
2 Bedroom
$1,191
per month
The overall cost of living index in El Paso is 100.4, which is 0.4% above the national average. Housing costs are above the national average at an index of 113.4. A single adult needs to earn approximately $44,185 per year to cover basic expenses.