Is El Paso an Affordable Place to Live?

The city of El Paso, located along the U.S.-Mexico border in West Texas, is often known as “The Sun City” because of its sunny climate. Just as important is its affordable cost of living, which continues to draw newcomers in search of a less-expensive alternative to many other areas in the Lone Star State.

El Paso has a lower cost of living than many other cities in the United States and is ranked among the most affordable cities in Texas. According to the Council for Community & Economic Research (C2ER), the city has an overall cost of living index 22% lower than the U.S. average and 26.8% lower than the Lone Star State average. El Paso also receives high marks for its low cost of housing compared to other U.S. Metro Areas.

Renters in El Paso have access to an array of housing options ranging from upscale apartment complexes to traditional single-family homes – all at comparative prices below the national average. According to Zumper, a website that tracks monthly rentals in cities across the country, the median price of a one-bedroom apartment in El Paso is just $700/month – which is a full 25% cheaper than the U.S. average of $940/month.

Similarly, SmartAsset reports that the median home sale price in El Paso is $122,500 – roughly 58% lower than the national median listing price. Plus the city offers affordable mortgages, with the average rate at just 3.88% (as of August 2020), compared to 4.15% nationwide.

In addition to cheaper housing prices, El Paso residents enjoy lower-than-average prices for most everyday items, making it easier to make ends meet each month. For example, according to Numbeo – an online database that tracks consumer items around the globe – a loaf of fresh white bread in El Paso costs just $2.55, 23% cheaper than the $3.30 national average.

The city also stands out for its low cost of transportation and utility bills. For example, affordable public transportation options like bus and trolley systems can help residents save on their daily commutes, while lower natural gas and electricity bills can also make life easier on the pocketbook.

In order to keep living costs low, many El Paso residents take advantage of multiple tax benefits, including property tax and income tax deductions offered by the local government. Plus, with El Paso’s relatively low crime rate and comprehensive healthcare system – including various low-cost medical clinics – the city remains one of the most attractive options for those looking for an affordable lifestyle without making major sacrifices.

Overall, El Paso is an affordable place to live and is an attractive option for those who want to enjoy a Southwest lifestyle without breaking the bank. With its wide array of housing options and reasonable living costs, it’s easy to see why El Paso continues to draw in newcomers who want access to all the Lone Star State has to offer without having to pay too much for it. NerdWallet says it best, “If you’re looking for a place that offers a culturally rich experience, good job opportunities and affordability, you can’t do much better than El Paso.”

An Insider’s Guide to El Paso, Texas

El Paso is a vibrant city located in the westernmost point of Texas, on the Rio Grande river. It is the sixth-largest city in Texas, and it is known for its rich cultural heritage, including its Mexican and Tex-Mex cuisine. In this insider’s guide, we’ll explore the city’s local attractions, dining spots, cultural experiences, local history, and off-the-beaten-path suggestions.

Local Attractions

El Paso is home to several exciting attractions that are sure to delight visitors of all ages. One of the must-visit attractions in the city is the El Paso Museum of Art, which houses over 7,000 works of art from across the world, including pieces by renowned artists such as Vincent van Gogh and Pablo Picasso.

Another top sight in El Paso is the Chamizal National Memorial, a park that commemorates the peaceful resolution of a border dispute between the US and Mexico back in 1963. The park has several walking trails, picnic areas, and a theater that hosts cultural events throughout the year.

If you’re interested in history, visit the Magoffin Home State Historic Site, which preserves the legacy of one of El Paso’s founding families. The home’s rooms are decorated with period furniture, and guided tours provide visitors with an intimate look at the city’s history.

Dining Spots

When it comes to dining, El Paso offers a diverse selection of restaurants that showcase both Mexican and Tex-Mex cuisine. L&J Cafe is a must-visit spot, famous for its green chili pork stew, and a favorite among locals.

Another popular local restaurant is the Kiki’s Restaurant and Bar, which serves traditional Mexican cuisine, such as enchiladas and tacos, in a casual setting. For a more upscale dining experience, try the Cafe Central El Paso, featuring contemporary American cuisine with a Southwestern twist.

Cultural Experiences

The city of El Paso has a rich cultural heritage due to its proximity to Mexico and the influence of the Native American and Hispanic cultures. The Plaza Theatre is a great place to start exploring the city’s cultural scene. Built-in the 1930s, this Spanish Colonial Revival-style theater features shows and concerts by local and international artists.

Another cultural experience not to miss is the El Paso Symphony Orchestra, which regularly performs classical and contemporary music at the Abraham Chavez Theatre.

Local History

El Paso has a fascinating history that dates back to the Spanish colonization in the 16th century. The city’s landmarks, such as the San Elizario Chapel, the El Paso Mission Trail, and Fort Bliss, reflect the rich history of the area.

For a glimpse of what life was like in El Paso in the early 20th century, visit the Plaza Hotel Pioneer Park, which has been restored to its former glory and is now a luxury hotel.

Off-The-Beaten-Path Suggestions

El Paso has several off-the-beaten-path attractions that are worth exploring. One of them is the Wyler Aerial Tramway, which takes visitors up to Ranger Peak in the Franklin Mountains for a stunning view of the city and beyond.

Another hidden gem is the El Paso Desert Botanical Garden, which showcases the diverse plant life of the Chihuahuan Desert. The garden has several walking trails, and visitors can learn about the unique plants that grow in the area.

In conclusion, El Paso is a fascinating city with a rich cultural heritage and plenty of attractions for visitors to explore. Whether you’re interested in history, art, or cuisine, there is something for everyone in this vibrant Texan city.