Fate, TX Cost Of Living
Cost Of Living In Fate, TX Summary
Cost of living in Fate research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Fate is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Texas, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Fate is 110, with 100 being the average.
The cost of living index in Fate is 1.1x higher than the national average.
Fate ranks as the #365 cheapest in Texas out of 405.
Fate ranks as the #4,128 cheapest out of 6,412 in the US.
The median home value in Fate is $286,200.
The median income in Fate is $114,280.
Table Of Contents
Fate's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Fate, TX?
According to the most recent data on the cost of living, Fate has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.
Compared to Texas, Fate has a cost of living index that's 1.2x higher than Texas's index of 92.
The standard of living in Fate ranks as #365 most affordable out of the 405 places we measured in Texas. By definition, that implies Fate ranks as the #40 most expensive place in the Lone Star State.
For more reading on life in Fate, check out:
- Living In Fate
- Fate Crime Report
- Search Homes For Sale In Fate, TX
In Texas
In America
Fate Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Fate. Here is how it fairs on each of the criteria:
The Services index in Fate is 111.
The Groceries index in Fate is 98.
The Health index in Fate is 77.
The Housing index in Fate is 128.
The Transportation index in Fate is 100.
The Utilities index in Fate is 109.
| Living Expense | Fate | Texas | National Average | |
|---|---|---|---|---|
| Overall | 110 | 92 | 100 | |
| Services | 111 | 96 | 100 | |
| Groceries | 98 | 93 | 100 | |
| Health | 77 | 93 | 100 | |
| Housing | 128 | 84 | 100 | |
| Transportation | 100 | 92 | 100 | |
| Utilities | 109 | 104 | 100 | |
Fate, TX Housing Cost Breakdown
Housing swings affordability the most between places in Texas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Fate is $286,200.
The Median Rent in Fate is $2,136.
The Median Income in Fate is $114,280.
The Home Value To Income in Fate is 2.5x.
The Rent To Monthly Income in Fate is 0.22x.
| Statistic | Fate | Texas | United States |
|---|---|---|---|
| Median Home Value | $286,200 | $202,600 | $244,900 |
| Median Rent | $2,136 | $1,146 | $1,163 |
| Median Income | $114,280 | $67,321 | $69,021 |
| Home Value To Income | 2.5x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Fate, TX Costs By Category
Detailed Fate Services Costs Vs. Texas
Detailed Fate Groceries Costs Vs. Texas
Detailed Fate Health Costs Vs. Texas
Detailed Fate Transportation Costs Vs. Texas
Detailed Fate Utilities Costs Vs. Texas
Fate SnackAbility
/10
Cost Of Living In Cities Around Fate
The cost of living varies in the cities and towns around Fate. Here's a quick look at the cost of living in the most populous nearby places:
Garland, TX has a cost of living index of 97, 0.9x Fate.
Richardson, TX has a cost of living index of 110, 1.0x Fate.
Rowlett, TX has a cost of living index of 105, 1.0x Fate.
| City | Population | Cost Of Living | Vs. Fate |
|---|---|---|---|
| Garland, TX | 245,075 | 97 | 0.9x |
| Richardson, TX | 115,904 | 110 | 1.0x |
| Rowlett, TX | 62,606 | 105 | 1.0x |
| Rockwall, TX | 46,150 | 108 | 1.0x |
| Sachse, TX | 26,797 | 106 | 1.0x |
| Forney, TX | 22,770 | 103 | 0.9x |
| Murphy, TX | 20,655 | 127 | 1.2x |
| Terrell, TX | 17,083 | 93 | 0.8x |
| Heath, TX | 9,362 | 141 | 1.3x |
