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 North Carolina, 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 97, with 100 being the average.
The cost of living index in Lewisville is 1.0x lower than the national average.
Lewisville ranks as the #82 cheapest in North Carolina out of 153.
Lewisville ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Lewisville is $225,600.
The median income in Lewisville is $85,660.
According to the most recent data on the cost of living, Lewisville has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to North Carolina, Lewisville has a cost of living index that's 1.0x higher than North Carolina's index of 95.
The standard of living in Lewisville ranks as #82 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Lewisville ranks as the #71 most expensive place in the Tar Heel State.
For more reading on life in Lewisville, check out:
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 99.
The Groceries index in Lewisville is 102.
The Health index in Lewisville is 117.
The Housing index in Lewisville is 96.
The Transportation index in Lewisville is 100.
The Utilities index in Lewisville is 95.
Living Expense | Lewisville | North Carolina | National Average | |
---|---|---|---|---|
Overall | 97 | 95 | 100 | |
Services | 99 | 97 | 100 | |
Groceries | 102 | 98 | 100 | |
Health | 117 | 108 | 100 | |
Housing | 96 | 91 | 100 | |
Transportation | 100 | 92 | 100 | |
Utilities | 95 | 95 | 100 |
Housing swings affordability the most between places in North Carolina, 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 $225,600.
The Median Rent in Lewisville is $974.
The Median Income in Lewisville is $85,660.
The Home Value To Income in Lewisville is 2.6x.
The Rent To Monthly Income in Lewisville is 0.14x.
Statistic | Lewisville | North Carolina | United States |
---|---|---|---|
Median Home Value | $225,600 | $197,500 | $244,900 |
Median Rent | $974 | $988 | $1,163 |
Median Income | $85,660 | $60,516 | $69,021 |
Home Value To Income | 2.6x | 3.3x | 3.5x |
Rent To Monthly Income | 0.14x | 0.2x | 0.2x |
Item | Lewisville | North Carolina |
---|---|---|
Shampoo | $1.29 | $1.06 |
Movie | $8.5 | $10.68 |
Bowling | $16.67 | $14.67 |
Haircut | $22.99 | $18.62 |
Beauty Salon | $35.48 | $39.05 |
Item | Lewisville | North Carolina |
---|---|---|
Ground Beef | $4.93 | $4.22 |
Fried Chicken | $1.27 | $1.39 |
Milk | $1.55 | $2.05 |
Potatoes | $3.43 | $3.29 |
Pizza | $10.32 | $10.62 |
Beer | $9.95 | $9.38 |
Toothpaste | $2.63 | $2.34 |
Item | Lewisville | North Carolina |
---|---|---|
Optometrist | $109.7 | $108.57 |
Doctor | $124.74 | $116.17 |
Dentist | $139.81 | $99.13 |
Item | Lewisville | North Carolina |
---|---|---|
Gasoline | $2.12 | $2.22 |
Tire Balancing | $53.98 | $50.07 |
Item | Lewisville | North Carolina |
---|---|---|
All Electricity | $158.18 | $167.67 |
Phone | $169.63 | $175.64 |
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:
Winston-Salem, NC has a cost of living index of 94, 1.0x Lewisville.
Kernersville, NC has a cost of living index of 97, 1.0x Lewisville.
Clemmons, NC has a cost of living index of 101, 1.0x Lewisville.
City | Population | Cost Of Living | Vs. Lewisville |
---|---|---|---|
Winston-Salem, NC | 247,917 | 94 | 1.0x |
Kernersville, NC | 26,376 | 97 | 1.0x |
Clemmons, NC | 21,032 | 101 | 1.0x |
King, NC | 7,258 | 91 | 0.9x |
Mocksville, NC | 5,714 | 90 | 0.9x |