El Paso and Las Cruces have a similar cost of living.
When comparing El Paso, TX and Las Cruces, NM, the overall cost of living indices are 67 and 68 respectively (national median = 100). Rent is $95/month cheaper in Las Cruces, saving renters about $1,140/year.
Median household income is $3,558/year higher in El Paso. Home values also differ significantly — the median in El Paso is $171,700 compared to $217,400 in Las Cruces.
Texas has no state income tax, giving El Paso residents a significant tax advantage over New Mexico's 5.9% rate.
El Paso vs Las Cruces — common questions
Other cost of living comparisons for El Paso and Las Cruces