Cost of Living in Lewisville, TX

Housing

The housing market plays a significant role in determining the cost of living in Lewisville, TX.

• Housing Index: 98.0 / 100
• Median Home Price is: $368100
• Average Rent (2 BR Apartment): $1800 per month
• Average Rent (2 BR House): $1870 per month

Considering relocating to Lewisville, TX? With a housing index of 98.0, the market appears to be moderately balanced, making it a reasonable option for homebuyers and renters alike. The median home price stands at 368100, while renting averages around 1800 for a 2-bedroom apartment and 1870 for a 2-bedroom house. Note that purchasing a home might yield long-term benefits and investment potential in comparison to rental costs. Assess your financial situation, lifestyle needs, and local amenities before making a decision to ensure a smooth transition.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Lewisville, TX.

• Electricity Price: 14.47 USD (median by state)
• Natural Gas Price: $26.29 USD per Thousand Cubic Feet (median by state)
• Other Utilities (water, garbage, etc.): $225 per month

Living in Lewisville, TX could entail higher utility costs. Electricity costs sit at 14.47, while natural gas is priced at 26.29 per Thousand Cubic Feet—both aligning with state medians. Expect to budget about 225 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 102.4

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $82006

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Lewisville, TX, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.