Cost of living in El Paso
El Paso, located in the western part of Texas, is known for its rich cultural heritage and vibrant community. Understanding the cost of living in El Paso is crucial for anyone considering moving to or living in this city.
This guide provides a detailed breakdown of various expenses, including housing, transportation, groceries, and more, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $15 on average, with a range between $10 and $20.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $65, with prices ranging from $45 to $80.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $11, with a range between $9 and $12.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3.5 to $5.5, imported beer $4.5 to $9, cappuccino $3 to $9, and Coke/Pepsi $1.95 to $4.5.
Grocery Prices
- Milk - Milk is priced between $0.74 and $0.87 per liter, averaging $0.82.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.1 and $4.41, with an average price of $3.61.
- Eggs (Dozen) - A dozen eggs range from $2.38 to $6.44, averaging $3.44.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.09 to $7.72 per kg, while oranges range from $4.41 to $7.72 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $2.65 and $5.62 per kg, and lettuce costs $1.99 to $3.55 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $1.5, with a monthly pass priced at $48.
- Fuel (Gasoline) - Gasoline is priced between $0.67 and $0.92 per liter.
- Taxi Fares - Taxi fares start at $1.65, with a cost of $1.4 to $1.55 per km and $27 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $950 to $1200, averaging $1023.35.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $800 to $900, averaging $850.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $1268 to $2000, averaging $1629.5.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1300 to $1800, averaging $1520.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $1744 to $1937.5, averaging $1808.5.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $1744 to $1776.05, averaging $1754.68.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $120 and $425, averaging $243.37.
- Internet - Internet services range from $60 to $85, with an average cost of $74.17.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
El Paso offers a relatively affordable cost of living compared to other major cities in the United States. Housing costs are moderate, especially outside the city centre.
Dining out can be economical, with a variety of options available at different price points. Public transportation is affordable, making it a viable option for daily commuting.
Grocery prices are reasonable, and utilities are in line with national averages, contributing to the overall affordability of living in El Paso.
Conclusion
In conclusion, El Paso provides a balanced cost of living with affordable housing, reasonable grocery prices, and accessible transportation options.
Whether you're planning to move to El Paso or are already a resident, understanding these costs can help you manage your budget effectively and enjoy what the city has to offer.