Fate, TX vs Little Elm, TX
Little Elm is moderately more affordable than Fate, with a 13.3% lower cost of living index. Fate scores 142 compared to 125 for Little Elm, where the US average is 100. This difference means residents of Fate can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Fate is $2,528/month compared to $1,900/month in Little Elm — a 33% difference. Interestingly, home values tell a different story: while Little Elm has cheaper rent, Fate actually has lower median home values ($361,100 vs $390,300).
Median household income in Fate is $129,500 compared to $116,036 in Little Elm (+11.6%). The higher salaries in Fate partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Fate spend roughly 23.4% of their income on rent, more than the 19.6% in Little Elm.
Climate-wise, both cities share similar average temperatures (66.4°F vs 64.5°F). Fate receives more rainfall at 38.4" per year compared to 35.6" in Little Elm.
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Climate
NOAA 30-year normals (1991-2020)