Little Elm, TX vs. Plano, TX: Cost of Living Comparison (2025)
On average, housing costs are 22% lower in Little Elm compared to Plano for similar homes and apartments. This article provides a detailed cost of living comparison between Little Elm and Plano, perfect for families relocating, professionals choosing between job offers, or anyone comparing the real cost of living in these two North Texas cities in 2025.
1. Housing Costs
Housing is typically the biggest factor in cost of living differences. Here’s how Little Elm and Plano compare for common housing options:
| Housing Type | Little Elm | Plano |
|---|---|---|
| Median Home Price | $325,000 | $425,000 |
| 2 BR Apartment Rent | $1,400 | $1,750 |
| 3 BR Home Rent | $2,100 | $2,600 |
🏆 Winner: Little Elm. Housing costs are significantly lower in Little Elm across the board, with potential savings of $400+ per month compared to Plano.
2. Utilities and Energy Costs
Utility costs are fairly similar between the two cities. Expect to pay around $150-200 per month for a typical apartment in either Little Elm or Plano. Summers tend to have higher electric bills for A/C use.
🏆 Winner: Tie. Utility costs are comparable in Little Elm and Plano.
3. Groceries and Daily Expenses
Grocery costs and everyday purchases like gas and dining out are also very similar in Little Elm and Plano. Budget around $400-500 per month for groceries for a couple.
🏆 Winner: Tie. No major difference in grocery and daily living costs.
4. Taxes and Fees
Property taxes are slightly lower in Little Elm at an average rate of 2.2% vs 2.4% in Plano. HOA fees are common in both cities and typically range from $30-100 per month.
🏆 Winner: Little Elm. The lower property tax rate in Little Elm can add up to decent yearly savings for homeowners.
5. Cost Summary Table
| Cost Category | Little Elm | Plano |
|---|---|---|
| Housing (3BR Home) | $2,100 | $2,600 |
| Utilities | $180 | $180 |
| Groceries | $500 | $500 |
| Transportation | $60 | $60 |
| Taxes (Property) | 2.2% | 2.4% |
| Misc Costs | $400 | $400 |
| Estimated Monthly Total | $3,240 | $3,740 |
6. Lifestyle Fit
While Plano offers more urban amenities, Little Elm provides a quieter suburban feel with quick access to Lake Lewisville. Commute times are about 10 minutes longer from Little Elm to major employment centers like Legacy West. Both cities have great schools and low crime rates.
7. FAQ
Q: Is Little Elm more affordable than Plano?
A: Yes, the cost of living is about 10-15% lower in Little Elm on average, mainly due to more affordable housing.
Q: Which city has lower rent?
A: Little Elm has lower rental rates, with apartments and homes typically costing $300-500 less per month compared to Plano.
Q: Where is it cheaper to buy a home?
A: Little Elm has lower median home prices, with a typical house costing about $100K less than a comparable home in Plano.
8. Conclusion
Overall, Little Elm offers a lower cost of living than Plano, primarily through more affordable housing costs. A household moving from Plano to Little Elm could potentially save $400+ per month on housing alone. However, Plano provides more city conveniences and slightly shorter commutes.
Ultimately, the choice depends on your budget, lifestyle, and priorities. Be sure to check out our other cost of living guides for Little Elm and sample monthly budgets to help with your decision. Considering other North Texas cities? We have detailed cost comparisons for those as well.