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: $368,100
- Average Rent (2 BR Apartment): $1402 per month
- Average Rent (2 BR House): $1523 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 1402 for a 2-bedroom apartment and 1523 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 Lewisville is a financially viable option for your relocation.