| Index | Lewisville | North Carolina | National |
| Cost of living | 103 | 96 | 100 |
| Groceries | 98 | 100 | 100 |
| Health care | 99 | 99 | 100 |
| Housing | 112 | 88 | 100 |
| Transportation | 101 | 99 | 100 |
| Utilities | 97 | 99 | 100 |
| Lifestyle & Entertainment | 96 | 100 | 100 |
| Household Items | 102 | 100 | 100 |
| Education & Childcare | 100 | 100 | 100 |
Are you thinking about relocating, but curious about the potential cost of living in Lewisville? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Lewisville stands at 103, making it 3% higher than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.
The cost of living in Lewisville closely mirrors the national average in comparison to other cities nationwide. Essential items such as groceries, houshold expenses, health care and utilities are priced at a level consistent with similar urban areas. This means that residents of Lewisville can anticipate that their daily expenses will remain reasonably in line with those of an average city, contributing to a manageable cost of living.
Is Lewisville affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Lewisville, the median home price is 17.7% higher than the national average and monthly rent prices are 0.7% lower than the typical rates. Additionally, the median income levels play a role in affordability, with Lewisville boasting a median household income of $119,398, 46.8% higher than the national average.
Subsidies: Certain cities or states may institute government subsidies or assistance programs designed to alleviate the financial burdens associated with the cost of living for their residents. These programs encompass a variety of support mechanisms, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farm subsidies. Areas that provide fewer subsidies may see an uptick in their overall cost of living.
Urbanization: Urban areas with extensive amenities and job opportunities tend to have a higher cost of living due to increased demand for services and relocation, resulting in higher home prices and higher rents. Less densely populated rural areas, or areas with less demand tend to have fewer amenities and slower job growth, which results in a lower cost of living.
Healthcare: Healthcare expenses and insurance premiums can vary significantly depending on the specific city or state. Factors such as accessibility to healthcare facilities, out-of-pocket expenses for doctor's visits, dental care expenses, prescription costs and specialized medical care fees can all influence the overall cost of living. In Lewisville, healthcare costs are 1.2% lower than the national average.
The Lewisville cost of living estimates above use a normalized U.S. average of 100 as the baseline for comparison. Housing values incorporate local home price and rental information from the U.S. Census, while all other estimates are AI-assisted and modeled using expected everyday expenses, local market trends, climate, and transportation-related cost pressures. The results are intended for practical city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $132,633 | $11,053 | $3,095 | $3,979 |
| Renters | $62,144 | $5,179 | $1,450 | $1,865 |
| State | General Sales Tax | With Max Surtax |
| North Carolina | 4.75% | 7.5% |
| State | Income Tax (Low) | Income Tax (High) |
| North Carolina | 4.75% | 4.75% |
| City | Population | Cost of Living Index | National Avg. |
| East Bend, NC | 754 | 90 | 10.2% |
| Yadkinville, NC | 2,981 | 90 | 9.8% |
| Welcome, NC | 3,125 | 91 | 8.9% |
| Tobaccoville, NC | 2,787 | 92 | 8.1% |
| Pinnacle, NC | 774 | 92 | 7.7% |
| Lewisville, NC | 14,467 | 103 | 2.9% |
| City | Population | Cost of Living Index | National Avg. |
| Sun Village, CA | 14,465 | 122 | 22.1% |
| Artondale, WA | 14,469 | 149 | 48.9% |
| Vail, AZ | 14,464 | 117 | 16.5% |
| Dumas, TX | 14,460 | 93 | 6.8% |
| Forrest City, AR | 14,474 | 85 | 15.3% |
| Lewisville, NC | 14,467 | 103 | 2.9% |
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