El Paso vs Billings

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 · Montana salaries

Living in El Paso vs Billings

Housing is typically the biggest factor in any cost-of-living comparison. El Paso has a housing index of 69 while Billings sits at 93 (national average = 100). The median home in El Paso costs $185,000 compared to $310,000 in Billings, a difference of $125,000. Monthly rent follows a similar pattern: $1,000 in El Paso versus $1,200 in Billings.

Groceries and everyday expenses show a narrower gap: El Paso scores 95 while Billings scores 99. Both cities are close to the national average for grocery costs.

Healthcare costs in El Paso (89) are lower than Billings (102).

Median household income in El Paso is $47,568 compared to $55,438 in Billings. When adjusted for cost of living, income goes further in El Paso.

Relocating: El Paso vs Billings

If you are considering a move between El Paso (index: 85) and Billings (index: 98), the 13% 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 Billings can afford $1,294/month. With median homes at $185,000 in El Paso versus $310,000 in Billings, both cities offer reasonable homeownership opportunities at median income.

Renting vs buying: At $1,000/month in El Paso and $1,200/month in Billings, 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 Billings (98)

The cost of living index uses 100 as the national average. El Paso at 85 is 15% below the US average, while Billings at 98 is 2% below average. There is a meaningful cost gap between these two cities that affects day-to-day budgeting.

A 13-point index spread separates Billings 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 Billings 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 $310,000 in Billings underscore this gap. Neither city is cheaper across the board: El Paso has an edge in housing and groceries, while Billings is more affordable for utilities. Your actual savings depend on which categories consume the biggest share of your personal budget.

For renters: With median rents of $1,000/month in El Paso and $1,200/month in Billings, 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 $125,000 difference in median home prices between El Paso and Billings translates to roughly $7,500 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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