Lewisville, TX Cost Of Living
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
Lewisville's Overall Cost Of Living
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:
- Living In Lewisville
- Lewisville Crime Report
- Search Homes For Sale In Lewisville, TX
In Texas
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 | |
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 |
Median Home Value
Median Rent
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
/10
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 |
