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DeSoto, TX vs Fate, TX

104
DeSoto
Texas
VS
-26.9%
142
Fate
Texas

There is a significant gap in the cost of living between these two cities. DeSoto is 26.9% cheaper than Fate. With a cost index of 104 vs 142, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from DeSoto to Fate should plan for substantially higher expenses across most categories.

On the housing front, median rent in DeSoto is $1,478/month compared to $2,528/month in Fate — a 42% difference. Home values follow the same pattern: DeSoto is more affordable at $282,600 median vs $361,100.

Median household income in DeSoto is $83,256 compared to $129,500 in Fate (-35.7%). While Fate is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of DeSoto spend roughly 21.3% of their income on rent, less than the 23.4% in Fate.

Income & Cost

Cost of Living Index
DeSoto
104
27% cheaper
Fate
142
Median Household Income
DeSoto
$83,256
Fate
$129,500
36% higher

Housing

Median Rent
DeSoto
$1,478
42% cheaper
Fate
$2,528
Median Home Value
DeSoto
$282,600
22% cheaper
Fate
$361,100
Population
DeSoto
55,896
Fate
20,757

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
DeSoto $3.18
Fate $3.18
US $3.07
🥚
Eggs (grade A, large)
DeSoto $2.59
Fate $2.59
US $2.50
🥛
Milk (whole)
DeSoto $4.17
Fate $4.17
US $4.03
🍞
Bread (white)
DeSoto $1.92
Fate $1.92
US $1.85
🍗
Chicken breast
DeSoto $4.29
Fate $4.29
US $4.14
Electricity
DeSoto $0.18
Fate $0.18
US $0.19