El Paso, TX variant. This is a El Paso, TX-specific version of the Salary Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Salary Calculator.
A salary in El Paso must be weighed against a cost-of-living index of 84 (US avg = 100) and a $215,000 median home. The same paycheck stretches very differently here than in a cheaper metro.
Salary vs. cost of living in El Paso
El Paso's cost-of-living index of 84 means goods and housing cost about 16% less than the national average. To match a $60,000 lifestyle elsewhere you'd need roughly $50,400 here.
The $53,291 local median income and $1,100/month median rent set realistic expectations for El Paso.
About El Paso, TX
El Paso residents pay no state or city income tax, as Texas does not levy a personal income tax.
El Paso is one of the most affordable large-city housing markets in the country, with low home prices and rents.
El Paso's economy is shaped by its position as a major border and trade city, along with a substantial military presence.
Worked example: cost-of-living adjustment
A $70,000 offer in El Paso (index 84) has the buying power of about $83,333 in an average-cost city. Rent alone runs ~$13,200/year.
Quick reference
- Median home value: $215,000
- Median rent: $1,100/mo
- Median household income: $53,291
- Local sales tax: 8.25%
- Effective property tax rate: 2.21%
- Cost of living index: 84 (US avg = 100)
Frequently Asked Questions
Is El Paso expensive?
Its cost-of-living index is 84 vs. the US average of 100, so it's below average.
What salary do I need in El Paso?
Scale your target lifestyle by the 84 index - e.g., $50,400 to match a $60k lifestyle.