Cost of Living Comparison between Gaithersburg, MD vs El Paso, TX

Moving to El Paso, TX from Gaithersburg, MD with a salary of $60,000

Thinking about moving to another city? Here are two important questions and the numbers to you will need to answer those questions:
How much more or less will it cost to live in the new city?
Look at the percentage difference between the cost of living where you live now, and the cost of living in the new location.
How much more or less will pay for the same or similar job be in the new city?
Look at the percentage increase or reduction in your salary that you could expect if you were to move to that new location
Using these numbers, we calculated the net change in annual disposable income that a move to the new city will have on your wallet and lifestyle.

Cost of Living change

Gaithersburg, MD to El Paso, TX

-43.2%

$0
$50k
$100k

Estimated Salary change

Gaithersburg, MD to El Paso, TX

-20.8%

$0
$50k
$100k

Good News!

You could be looking at a positive net change in disposable income

$13,465.7
Explanation
The cost of living in El Paso, TX is -43.2% lower than in Gaithersburg, MD. You would have to earn a salary of $34,084 to maintain your current standard of living.
Employers in El Paso, TX typically pay -20.8% less than employers in Gaithersburg, MD. The same type of job in the same type of company in El Paso, TX will typically pay $47,549.

Cost of Living at Home

Typical Salary at Work

Current Location
Gaithersburg, MD Edit
Gaithersburg, MD Edit
New Location
El Paso, TX Edit
El Paso, TX Edit
Percent Change
-43.2%
-20.8%

It's a good time to be working in Texas.


Employment is up 3.1% over this time last year.



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Comments about the Cost of Living in El Paso, TX

What are the cheapest grocery stores?

Some stores like Smith's offer frequent discounts or loyalty programs that can save you even more at the checkout. Since groceries are an essential part of you cost of living, take advantage of discounts whenever you can. ( 2019-10-30 salary.com )

I love to go to sports events, what does El Paso, Texas have to offer?

El Paso, TX does not have a major sports team, but don’t worry, check out local colleges and high school sports schedules. These games usually have very cheap tickets and the spirit and enthusiasm of the crowd often makes up for the level of skill. ( 2019-10-30 salary.com )

What is the cost of internet and cable TV in El Paso, TX?

The average cost of internet access in the U.S. is $66.20 per month. There are many providers and various packages that are offered, many that bundle internet, cable, and phone together. Pricing for various packages can vary a lot even in the same location. You should evaluate the options based on your usage and preferences and pick the best fit for your needs. One tip to reduce this cost and your overall cost of living, is to get cable service from another source like Direct TV, Netflix, Sling, Amazon Prime or others. ( 2019-10-30 salary.com )

I am nervous about moving, what is the typical cost of moving to another city and what should I have to think about?

Even if you are moving within your current state, the cost of moving could be over $1,000 depending on the city, what you are moving, and how much professional help you hire. You can save some expense by packing boxes yourself, renting a U-Haul truck, and asking friends and family to help with the loading and unloading. You should call at least three moving companies for a moving estimate, the cost might be less than you think and you won’t have to worry about a friend hurting their back trying to move your heavy furniture. Another way to make your move easier – and save money – is by weeding out items you don’t need anymore. Why bother to move stuff that you do not even use! Have a yard sale or find a local charitable organization and donate items you no longer use. Make sure you include these moving costs into the overall cost of living for year one in El Paso, TX. ( 2019-10-30 salary.com )

Is the cost of electricity in El Paso, Texas expected to change in the future?

The cost of electricity in Texas has gone up by 1.883% in the past year. It is possible that electric rates may fluctuate depending on consumption rates, government regulations and even the weather. ( 2019-10-30 salary.com )

What kind of child care is available in El Paso, Texas and what is the cost?

The estimated average annual cost for child care in El Paso, Texas (based on state average), is $8759. This cost is ranked NO. 31 nationally. Some employers have company provided day care centers that let you bring your child to work with you and receive care on site. Some colleges and universities with Childhood Education programs also may have day care centers available at reduced costs, so you should explore those possibilities to see if you can reduce your child care expense. ( 2019-10-30 salary.com )

Should I plan on spending a lot on rent in El Paso,TX?

In El Paso,TX, my friend pays $833 for a large 2 bedroom apartment. Since he has 2 children, he needs to have a large apartment. ( 2019-10-30 salary.com )

Are there fun things to in El Paso, Texas that are free or don’t cost a lot?

Looks for areas of El Paso, Texas where there is a large student population. In those areas you will be sure to find lots of free or cheap events to go to and plenty of cheap places to eat. Familiarize yourself with the places where students hang out, and take advantage of discounted or bargain prices, you are sure to be able to keep your cost of living reasonable. Look at the website for El Paso, TX to find recommendations for activities that are available and unique to the area. ( 2019-10-30 salary.com )

Will I have to pay a lot in taxes if I move to El Paso, Texas?

The sales tax for El Paso is 6.25%. This is the tax that you will pay on things that you buy. ( 2019-10-30 salary.com )

Is El Paso, Texas very congested with traffic?

Overall, the time and ease of your driving times will impact your cost of living, since driving in heavy and slow moving traffic uses a lot of gas. El Paso, Texas is considered one of the best cities to drive in. In fact, El Paso, Texas is ranked 8 out of 100 US cities for ease of driving. Driving here could make commutes shorter and inexpensive, since you won’t be wasting gas and time sitting a traffic all the time. ( 2019-10-30 salary.com )

Does El Paso, Texas have a good climate?

The weather in El Paso is ideal. Based on data collected by NOAA National Climatic Data Center, El Paso is considered to have one of the most favorable climates in the country based on comfort and number of days with clear skies. You will enjoy living in El Paso, Texas. ( 2019-10-30 salary.com )

How much is a monthly pass for public transit in El Paso, Texas?

The cost of a monthly transit pass in El Paso, TX is around $48.00. Ask your employer if they offer discounted passes to save even more money and reduce your cost of commuting and overall Cost of Living (COL). ( 2019-10-30 salary.com )



Cost of Living Frequently Asked Questions

What is a Cost of Living index and how is it used?

In the simplest terms, a Cost of Living index is the estimated amount that represents the cost of the basic necessities required for an individual to live. A cost of living or COL estimate may typically include estimates for housing, food, energy, medical care, transportation, taxes, and other necessities. A COL index may be used to measure what the cost difference would be for a person living in a certain location compared to another location. This cost of living comparison helps individuals make decisions about where they would like to live and what they can afford based on the costs in that location. A cost of living comparison can provide guidance about how an increase or decrease in these basic living expenses impacts necessary spending for an individual or a family. ( 2019-10-30 salary.com )

What factors are included in estimating your cost of living?

The Salary.com cost of living calculator estimate is based on data related to five general categories: housing, food, healthcare, transportation, and energy. These are the universally recognized core components of any cost of living estimate and represent those expenses that apply to everyone. Obviously, there may be other factors that could contribute to your particular cost of living situation and not everyone has the same spending habits. For example, education and/or childcare costs might not apply to everyone, but for those who have those expenses, they could be significant and should be considered when you evaluate your cost of living comparison. ( 2019-10-30 salary.com )

The Salary.com cost of living calculator is unique in that it also incorporates current salary data for thousands of jobs specific to a chosen home or work location to provide a more refined estimate of the cost of living variations. You can see how your job and your salary will be impacted by a change of location. If you live in one location but work in another, the cost of living calculator will make those adjustments to provide an accurate estimate of the change in COL. The Salary.com cost of living calculator helps you to make cost of living comparisons cost comparisons easily and quickly. ( 2019-10-30 salary.com )


Last Update: 2019-10-30