Cost of Living in Lewisville, TX

Population 128,313 · Texas · Data vintage 2023

117
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Most of Lewisville's cost indicators track within a reasonable band of national figures, with median household incomes near $85,002 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.

Cost Overview

Housing 115
Rent 120

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Lewisville

The median home value in Lewisville is $350,200 — 15% above the national median of $305,000. Median rent runs $1,572/month, 20% higher than the national median of $1,314/month. The median household income of $85,002/year is 14% higher than the US median of $74,580. The local unemployment rate is 3.7%, below the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 76.7°F and lows of 56.5°F, with about 1.6" of annual snowfall. Overall, Lewisville has a cost of living index of 117 versus the US average of 100, meaning it is 17% more expensive.

🏠 Housing

Median Home Value
$350,200
15% above avg
Zillow Home Value
$390,585
Zillow ZHVI
Median Rent
$1,572/mo
20% above avg
Zillow Rent
$1,572/mo
Zillow ZORI
Price-to-Rent Ratio
18.6x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$766
1 BR
$811
2 BR
$981
3 BR
$1,307
4 BR
$1,509
Owner-occupied 46.5%
Renter-occupied 53.5%

💰 Estimated Monthly Budget

Rent median rent
$1,572
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,186/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
27.2 min
1% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.8%

Commute Mode

Drove alone
70.7%
Carpooled
9.9%
Public transit
0.6%
Walked
0.7%
Bicycle
0.1%
Work from home
16.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 8.2%
State rate 6.3%
Avg local rate 1.9%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$85,002
14% above avg
Per Capita Income
$44,410
Unemployment Rate
3.7%
22% below avg
Poverty Rate
7.6%
Labor Force Participation
75.7%

🎓 Education

Bachelor's degree+ 26.2%
Graduate degree 13.2%

👥 Demographics

Median Age 34.8
Male median age 34.3
Female median age 35.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
76.7°F
Avg Low
56.5°F
Annual Precip
37"
Annual Snowfall
1.6"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 576169768492969689786758
Low °F 364048556572767669574638
Precip" 2.532.763.303.224.783.702.082.182.724.372.532.84
Snow" 0.11.00.30.00.00.00.00.00.00.00.00.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 49 — Good
54.8%
Good air days/yr
177
Max AQI recorded
116
PM2.5 days
247
Ozone days

Frequently Asked Questions

What is the cost of living in Lewisville, TX?

Lewisville has a cost index of 117 (100 = national average). It is 17% above the national average.

What is average rent in Lewisville, TX?

The median gross rent in Lewisville is $1,572 per month based on 2023 Census data.

What is the average home price in Lewisville?

The median home value in Lewisville is $350,200 according to Zillow and Census data.

What is the median income in Lewisville?

The median household income in Lewisville is $85,002 per year (2023 ACS 5-year estimates).

What is the sales tax in Lewisville, TX?

The combined state and local sales tax rate in Lewisville is 8.2%. Texas has no state income tax.

Is Lewisville, TX affordable?

Lewisville is above average in cost of living, with an index of 117 — about 17% higher than the national average.

What is the weather like in Lewisville?

Lewisville has average high temperatures of 76.7°F and average lows of 56.5°F. Annual precipitation is 37". Average annual snowfall is 1.6". Data from NOAA 1991–2020 Climate Normals.

Lewisville at a Glance

Population
128,313
Median Income
$85,002
Home Value
$350,200
Median Rent
$1,572/mo
Unemployment
3.7%
Avg High Temp
76.7°F
Sales Tax
8.2%
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