El Paso is 12% cheaper than Waterbury.
When comparing El Paso, TX and Waterbury, CT, the overall cost of living indices are 67 and 76 respectively (national median = 100). Rent is $139/month cheaper in El Paso, saving renters about $1,668/year.
Median household income is $7,092/year higher in El Paso. Home values also differ significantly — the median in El Paso is $171,700 compared to $185,400 in Waterbury.
Texas has no state income tax, giving El Paso residents a significant tax advantage over Connecticut's 6.99% rate.
El Paso vs Waterbury — common questions
Other cost of living comparisons for El Paso and Waterbury