Salary Needed to Live in El Paso as a Family
A family of four (2 adults, 2 children) needs approximately $49,740/year to live comfortably in El Paso, TX — including 15% savings.
Comfortable Salary
$49,740
with 15% savings
Bare Minimum
$39,792
no savings buffer
Monthly Expenses
$2,487
15% below national avg
Detailed Monthly Budget for a Family in El Paso
| Expense | El Paso | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 3BR Apartment/House Rent | $184 | $209 | -12% |
| 🛒 Groceries | $42 | $44 | -5% |
| ⚡ Utilities | $19 | $28 | -32% |
| 🚗 Transportation | $29 | $44 | -34% |
| 🛡️ Car Insurance | $166 | $223 | -26% |
| 🏥 Health Insurance | $43 | $56 | -23% |
| Childcare/After-school | $1,032 | $1,200 | -14% |
| Internet + Phones | $155 | $180 | -14% |
| Children Activities | $215 | $250 | -14% |
| Dining Out | $301 | $350 | -14% |
| School Supplies & Clothing | $172 | $200 | -14% |
| Healthcare Co-pays | $129 | $150 | -14% |
| Total Monthly | $2,487 | $2,934 | -15% |
How We Calculated the Salary
Monthly expenses:$2,487
Target savings (15%):$549/mo
Monthly after-tax needed:$3,036
Effective tax rate:25%
Gross annual salary needed:$49,740
Other Household Types in El Paso
Related Pages
FAQ
What salary does a family with kids need in El Paso?
A family with kids needs approximately $49,740/year ($4,145/month gross) to live comfortably in El Paso with a 15% savings rate.
How much is rent for a family with kids in El Paso?
A 3br apartment/house in El Paso costs approximately $184/month, which is the largest single expense at 7% of the total budget.
Is El Paso affordable for a family with kids?
Yes, El Paso is 15% more affordable than the national average for a family with kids.