Lewisville, TX Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Lewisville, TX Summary

Cost of living in Lewisville 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 Lewisville 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 Lewisville is 100, with 100 being the average.

  • The cost of living index in Lewisville is 1.0x lower than the national average.

  • Lewisville ranks as the #315 cheapest in Texas out of 405.

  • Lewisville ranks as the #3,149 cheapest out of 6,412 in the US.

  • The median home value in Lewisville is $254,600.

  • The median income in Lewisville is $71,953.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
100
Lewisville's Overall Cost Of Living
1.0x
Lower Than The National Average

What is the cost of living in Lewisville, TX?

According to the most recent data on the cost of living, Lewisville has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.

Compared to Texas, Lewisville has a cost of living index that's 1.1x higher than Texas's index of 92.

The standard of living in Lewisville ranks as #315 most affordable out of the 405 places we measured in Texas. By definition, that implies Lewisville ranks as the #90 most expensive place in the Lone Star State.

For more reading on life in Lewisville, check out:

315 out of 405
In Texas
3,149 out of 6,412
In America

Lewisville Cost Of Living Vs. Texas

Six factors go into calculating the cost of living index in Lewisville. Here is how it fairs on each of the criteria:

  • The Services index in Lewisville is 113.

  • The Groceries index in Lewisville is 97.

  • The Health index in Lewisville is 78.

  • The Housing index in Lewisville is 95.

  • The Transportation index in Lewisville is 101.

  • The Utilities index in Lewisville is 111.

Living Expense Lewisville Texas National Average
Overall 100 92 100
Services 113 96 100
Groceries 97 93 100
Health 78 93 100
Housing 95 84 100
Transportation 101 92 100
Utilities 111 104 100
For more reading on cost of living around Texas, check out:
Lewisville Cost of Living Vs. TX

Lewisville, 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 Lewisville is $254,600.

  • The Median Rent in Lewisville is $1,308.

  • The Median Income in Lewisville is $71,953.

  • The Home Value To Income in Lewisville is 3.5x.

  • The Rent To Monthly Income in Lewisville is 0.22x.

Statistic Lewisville Texas United States
Median Home Value $254,600 $202,600 $244,900
Median Rent $1,308 $1,146 $1,163
Median Income $71,953 $67,321 $69,021
Home Value To Income 3.5x 3.0x 3.5x
Rent To Monthly Income 0.22x 0.2x 0.2x
Search Homes For Sale In Lewisville, TX
$254,600
Median Home Value
$1,308
Median Rent
$71,953
Median Income

Lewisville, TX Costs By Category

Detailed Lewisville Services Costs Vs. Texas

Item Lewisville Texas
Shampoo $1.4 $1.06
Movie $11.58 $10.68
Bowling $21.11 $14.67
Haircut $17.97 $18.62
Beauty Salon $52.92 $39.05

Detailed Lewisville Groceries Costs Vs. Texas

Item Lewisville Texas
Ground Beef $4.07 $4.22
Fried Chicken $1.33 $1.39
Milk $1.98 $2.05
Potatoes $2.72 $3.29
Pizza $12.8 $10.62
Beer $9.91 $9.38
Toothpaste $2.33 $2.34

Detailed Lewisville Health Costs Vs. Texas

Item Lewisville Texas
Optometrist $125.0 $108.57
Doctor $68.0 $116.17
Dentist $75.75 $99.13

Detailed Lewisville Transportation Costs Vs. Texas

Item Lewisville Texas
Gasoline $2.12 $2.22
Tire Balancing $52.86 $50.07

Detailed Lewisville Utilities Costs Vs. Texas

Item Lewisville Texas
All Electricity $194.23 $167.67
Phone $185.48 $175.64

Lewisville SnackAbility

8
/10
Overall SnackAbility
Jobs
8/10
Housing
8.5
Affordability
6
Diversity
10
Safety
6
Amenities
9
Education
7
Commute
7

Cost Of Living In Cities Around Lewisville

The cost of living varies in the cities and towns around Lewisville. 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 114, 1.1x Lewisville.

  • Frisco, TX has a cost of living index of 120, 1.2x Lewisville.

  • Carrollton, TX has a cost of living index of 105, 1.1x Lewisville.

City Population Cost Of Living Vs. Lewisville
Plano, TX 282,181 114 1.1x
Frisco, TX 193,140 120 1.2x
Carrollton, TX 131,388 105 1.1x
Allen, TX 102,778 110 1.1x
Flower Mound, TX 75,050 117 1.2x
Lakewood, WA 62,972 115 1.1x
Keller, TX 45,190 117 1.2x
The Colony, TX 43,489 102 1.0x
Coppell, TX 42,420 121 1.2x
Colleyville, TX 25,827 136 1.4x

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