Lewisville cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Cost of living index10491100
Goods & Services index10297100
Groceries index10190100
Health care index10296100
Housing index9481100
Transportation index14795100
Utilities index10294100
Displayed above is a general overview of the Lewisville, TX cost of living index. The overall cost of living index in Lewisville, TX is 104, which is 15% higher than the Texas average and 4% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Lewisville, TX are 5% higher than the Texas average and 2% higher than the national average.

Did you know?

  • The cost of living in Lewisville is 15% higher than the Texas average.
  • The cost of living in Lewisville is 4% higher than the national average.
  • The cost of housing in Lewisville is 6% lower than the national average.
  • Texas general sales tax is 23% higher than the national average.
  • Texas state income tax is 100% lower than the national average.

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Compare Lewisville, TX Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is meant to help you compare your salary in Lewisville, TX to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Lewisville, TX, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Lewisville, TX salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
If you want to find a good determining factor for the cost of living and the general affordability of housing in Lewisville, TX, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Lewisville, TX, the median monthly income is $84,706 for those who own their own homes. Under the standard rule, that income level would allow for $1,976 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $45,258, per the median income in the area. That would allow for renters to spend up to $1,056 on monthly rental expenses.

Texas Sales Tax

StateGeneral Sales TaxWith Max Surtax

Texas Income Tax

StateIncome Tax (Low)Income Tax (High)
One thing to keep in mind when considering the cost of living in Lewisville, TX is the Texas sales tax and Texas income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Texas sales tax rate is 6.25% and the maximum surtax that can be charged is 8.25%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Texas income tax rates range from 0% to 0%.

Goods & Services

ItemLewisvilleNational avg.Difference
Haircut $16.49$14.5913.0%
Beauty Salon $35.45$34.682.2%
Toothpaste $2.34$2.475.4%
Shampoo $0.91$1.0211.0%
Movie $10.50$9.876.4%
Bowling $5.23$4.3919.1%


ItemLewisvilleNational avg.Difference
Ground Beef $5.54$4.4823.8%
Fried Chicken $2.14$1.4646.2%
Milk $2.21$2.366.2%
Potatoes $2.84$3.067.2%
Pizza $9.99$9.248.1%
Beer $8.87$8.632.7%

Health Care

ItemLewisvilleNational avg.Difference
Optometrist $101.68$99.781.9%
Doctor $111.77$105.036.4%
Dentist $95.00$88.707.1%
Ibuprofen $8.98$9.414.6%
Lipitor $268.86$298.509.9%


ItemLewisvilleNational avg.Difference
Home Price $156,100.00$175,700.0011.2%
Avg. Mortgage Payment $886.79$1,081.0318.0%
Apartment Rent $961.00$920.004.5%


ItemLewisvilleNational avg.Difference
Gasoline $3.36$2.0960.5%
Tire Balancing $50.12$45.2910.7%


ItemLewisvilleNational avg.Difference
All Electricity$187.58$170.809.8%
Phone $25.95$28.268.2%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Lincoln Park, TX28887-13%
Hurst, TX38,14098-2%
Corral City, TX3198-2%
Denton, TX122,7421022%
Lake Dallas, TX7,3061033%
Lewisville, TX99,0391044%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Clovis, CA98,81511414%
Tyler, TX99,34489-11%
College Station, TX98,50595-5%
Sandy Springs, GA98,48013232%
Kenosha, WI99,70995-5%
Lewisville, TX99,0391044%
Source: The Lewisville, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.