What is the cost of living in Little Elm, TX?
According to the most recent data on the cost of living, Little Elm has an overall cost of living index of 118, which is 1.2x higher than the national index of 100.
Compared to Texas, Little Elm has a cost of living index that's 1.3x higher than Texas's index of 93.
The standard of living in Little Elm ranks as #365 most affordable out of the 419 places we measured in Texas. By definition, that implies Little Elm ranks as the #54 most expensive place in the Lone Star State.
For more reading on life in Little Elm, check out:
Little Elm Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Little Elm. Here is how it fares on each of the criteria:
The Services index in Little Elm is 99.
The Groceries index in Little Elm is 95.
The Health index in Little Elm is 158.
The Housing index in Little Elm is 103.
The Transportation index in Little Elm is 102.
The Utilities index in Little Elm is 97.
| Living Expense | Little Elm | Texas | National Average |
|---|---|---|---|
| Overall | 118 | 93 | 100 |
| Services | 99 | 100 | 100 |
| Groceries | 95 | 99 | 100 |
| Health | 158 | 81 | 100 |
| Housing | 103 | 97 | 100 |
| Transportation | 102 | 103 | 100 |
| Utilities | 97 | 100 | 100 |
Little Elm Cost Of Living Compared To Texas Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Texas, check out:
Protect your home budget Compare home warranties in Little Elm Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Little Elm, 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 2020-2024. The key points are:
The Median Home Value in Little Elm is $403,396.
The Median Rent in Little Elm is $1,953.
The Median Income in Little Elm is $119,219.
The Home Value To Income in Little Elm is 3.4x.
The Rent To Monthly Income in Little Elm is 0.2x.
| Statistic | Little Elm | Texas | United States |
|---|---|---|---|
| Median Home Value | $403,396 | $300,957 | $332,700 |
| Median Rent | $1,953 | $1,403 | $1,413 |
| Median Income | $119,219 | $78,476 | $80,734 |
| Home Value To Income | 3.4x | 3.8x | 4.1x |
| Rent To Monthly Income | 0.2x | 0.21x | 0.21x |
Little Elm, TX Costs By Category
Detailed Little Elm Services costs vs. Texas
| Item | Little Elm | Texas |
|---|---|---|
| Shampoo | $1.22 | $1.28 |
| Movie | $11.85 | $12.13 |
| Bowling | $16.96 | $18 |
| Haircut | $23.57 | $24.26 |
| Beauty Salon | $35.11 | $45.56 |
Detailed Little Elm Groceries costs vs. Texas
| Item | Little Elm | Texas |
|---|---|---|
| Ground Beef | $5.44 | $5.84 |
| Fried Chicken | $1.32 | $1.57 |
| Milk | $4.63 | $4.67 |
| Potatoes | $4.15 | $4.93 |
| Pizza | $11.96 | $12.09 |
| Beer | $10.27 | $10.41 |
| Toothpaste | $3.51 | $3.7 |
Detailed Little Elm Health costs vs. Texas
| Item | Little Elm | Texas |
|---|---|---|
| Optometrist | $96.63 | $125.68 |
| Doctor | $131.0 | $135.78 |
| Dentist | $86.73 | $113.29 |
Detailed Little Elm Transportation costs vs. Texas
| Item | Little Elm | Texas |
|---|---|---|
| Gasoline | $3.47 | $3.46 |
| Tire Balancing | $66.47 | $59.92 |
Detailed Little Elm Utilities costs vs. Texas
| Item | Little Elm | Texas |
|---|---|---|
| All Electricity | $145.64 | $193.99 |
| Phone | $208.71 | $192.25 |
Little Elm SnackAbility
Cost Of Living In Cities Around Little Elm
The cost of living varies in the cities and towns around Little Elm. Here's a quick look at the cost of living in the most populous nearby places:
Plano, TX has a cost of living index of 120, 1.0x Little Elm.
Frisco, TX has a cost of living index of 133, 1.1x Little Elm.
McKinney, TX has a cost of living index of 122, 1.0x Little Elm.
| City | Population | Cost Of Living | Vs. Little Elm |
|---|---|---|---|
| Plano, TX | 290,594 | 120 | 1.0x |
| Frisco, TX | 219,304 | 133 | 1.1x |
| McKinney, TX | 210,600 | 122 | 1.0x |
| Carrollton, TX | 133,740 | 113 | 1.0x |
| Richardson, TX | 118,731 | 116 | 1.0x |
| Allen, TX | 110,265 | 120 | 1.0x |
| Flower Mound, TX | 78,389 | 128 | 1.1x |
| Lakewood, WA | 62,937 | 124 | 1.1x |
| The Colony, TX | 45,454 | 111 | 0.9x |
| Coppell, TX | 42,154 | 132 | 1.1x |
