El Paso vs Albany

Category-by-Category Breakdown

Index values shown. National average = 100. Lower is cheaper.

💰 Salary Equivalence

To maintain the same standard of living:

See exact take-home pay: Texas salaries · New York salaries

Living in El Paso vs Albany

Housing is typically the biggest factor in any cost-of-living comparison. El Paso has a housing index of 69 while Albany sits at 93 (national average = 100). The median home in El Paso costs $185,000 compared to $220,000 in Albany, a difference of $35,000. Monthly rent follows a similar pattern: $1,000 in El Paso versus $1,200 in Albany.

Groceries and everyday expenses show a notable difference: El Paso scores 95 while Albany scores 102. Both cities are close to the national average for grocery costs.

Healthcare costs in El Paso (89) are lower than Albany (100).

Median household income in El Paso is $47,568 compared to $43,098 in Albany. When adjusted for cost of living, income goes further in El Paso.

Relocating: El Paso vs Albany

If you are considering a move between El Paso (index: 85) and Albany (index: 99), the 14% cost difference has real implications for your budget. El Paso is the more affordable option, but the right choice depends on your income, career opportunities, and lifestyle priorities.

Housing budget reality: Using the 28% rule (spending no more than 28% of gross income on housing), the median household in El Paso can afford $1,110/month, while the median household in Albany can afford $1,006/month. With median homes at $185,000 in El Paso versus $220,000 in Albany, both cities offer reasonable homeownership opportunities at median income.

Renting vs buying: At $1,000/month in El Paso and $1,200/month in Albany, renters face similar costs in both cities. The rent-to-own ratio in each city determines whether renting or buying offers better value for your situation.

Income adjustment: A $75,000 salary goes further in El Paso where costs are 15% below the national average. Before accepting a job in either city, use the salary equivalence data above to understand what you would need to earn to maintain your current standard of living.

Reading These Numbers: El Paso (85) vs Albany (99)

The cost of living index uses 100 as the national average. El Paso at 85 is 15% below the US average, while Albany at 99 is 1% below average. There is a meaningful cost gap between these two cities that affects day-to-day budgeting.

A 14-point index spread separates Albany from El Paso, a moderate gap that adds up across monthly bills but is manageable with a typical dual-income household budget. The biggest category divergence is housing, where El Paso scores 69 and Albany scores 93. That 24-point gap is the primary driver of the overall cost difference between these two metros. Housing, the largest line item for most households, favors El Paso with indices of 69 versus 93. Median home prices of $185,000 in El Paso and $220,000 in Albany underscore this gap.

For renters: With median rents of $1,000/month in El Paso and $1,200/month in Albany, the annual rent difference is approximately $2,400. Over a 5-year period, that compounds to $12,000 in savings by choosing the more affordable city.

For homebuyers: The $35,000 difference in median home prices between El Paso and Albany translates to roughly $2,100 per month in mortgage payments at current rates. Factor this into your budget alongside property taxes and insurance, which also vary by location.

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