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What Is the Real Cost of Living in Fate, TX?

  • Writer: Nitin Gupta, CRS, REALTOR
    Nitin Gupta, CRS, REALTOR
  • Mar 1
  • 3 min read



Fate, TX, is a rapidly growing suburb in Rockwall County, offering small-town charm with proximity to the Dallas-Fort Worth metroplex. While Fate provides a high quality of life, the cost of living is above the national average in some areas. Here’s a breakdown of what you can expect when living in Fate.


1. Housing Costs: Higher Than the National Average

  • Median Home Price: ~$378,800, making homeownership more expensive than the U.S. average.

  • Rent for a Two-Bedroom Home: ~$1,910 per month, which is above the national average.

  • Housing costs in Fate are rising due to new construction and increased demand, but homes remain more affordable than in Dallas or other nearby suburbs like Rockwall and Heath.


2. Utilities & Transportation: Moderate Costs

  • Utility bills in Fate are about 19% higher than the national average, due to Texas’ hot summers and high air conditioning usage.

  • Transportation costs are slightly lower than the national average, with affordable gas prices and minimal public transportation options.

  • Most residents rely on personal vehicles, and commuting to Dallas for work may require toll roads, adding to transportation expenses.


3. Groceries & Dining: Affordable

  • Grocery prices in Fate are about 9% lower than the national average, making daily essentials more affordable.

  • Dining options are growing, with more restaurants opening in Fate and nearby Rockwall, but costs remain reasonable compared to Dallas.


4. Healthcare Costs: Slightly Above Average

  • Healthcare in Fate is about 4% more expensive than the national average.

  • Residents have access to high-quality medical facilities in Rockwall and Dallas, though local healthcare options are more limited.


5. Median Household Income & Affordability

  • Median Household Income: ~$129,500, significantly higher than the national average.

  • While Fate has a higher cost of living, the strong local economy and rising home values make it a desirable location for families and professionals.


Is Fate, TX, Worth the Cost?


✅ Yes, if: You want a safe, family-friendly community with good schools and new housing developments


.❌ No, if: You need affordable rent options or easy access to Dallas without a long commute.


Fate offers a strong real estate market, a growing community, and a suburban lifestyle, making it a great choice for those looking to settle outside the city while maintaining access to DFW’s job market.


 

Call us at 469-269-6541 for more information about Fate real estate!


About us: Fate New Construction Expert Real Estate Agent


As a Top Real Estate Professional in Fate, I understand the challenges that arise when buying a new construction home. There are over 100 builders in the DFW area. I work with most of the new home builders in Fate and understand how various builders operate. I am familiar with the options they offer, current incentives and I frequently visit the upcoming communities they are building. I guide my clients through all steps of the new home construction process and aggressively protect their interests in the transaction.


As a holder of top real estate industry certifications and designations like CRS, ABR & GRI, I can offer my clients experience as a Buyer's Agent and REALTOR®, top Industry Customer Service, in-depth, up-to-the-minute and comprehensive market knowledge; honesty, integrity, dedication, and professionalism in my business.


Whether you are a first time buyer in Fate looking to buy a home whether you are relocating to Fate from California or moving your entire family from areas like San Francisco, Fremont, Palo Alto, Los Angeles, San Diego in California due to job transfer with your company, I can help you find a new construction home in Fate. Our relocation team eases the transition - whether you are moving across town or across the globe. We will work with you to find an area that best suits your professional, family and lifestyle needs. We have all the tools you need to help your home search. Whether it is video previews of homes, extended work hours, digital signatures for documents or more, we can make this process as comfortable as possible no matter where you are located.



What is most important to you in your new construction home  in Fate? Send us an email at info@NitinGuptaDFW.com or give us a call at (469) 269-6541 to schedule a no obligation consultation. We’ll give you honest advice about Fate that you can use to help make your home buying decision.





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