Cost of Living: Anchorage, AK vs Lewisville, TX (2026)

Anchorage

Alaska
113
VS

Lewisville

Texas
112

Anchorage and Lewisville have a similar cost of living.

$1,453/mo ↓ 8%
Median Rent
$1,572/mo ↑ 8%
$98,152/yr ↑ 15%
Median Income
$85,002/yr ↓ 13%
$375,900 ↑ 7%
Home Value
$350,200 ↓ 7%
$1,698/mo ↑ 4%
Owner Costs
$1,631/mo ↓ 4%
289,069
Population
128,313

Tax Comparison

0%
Income Tax
0%
0%
State Sales Tax
6.25%
1.04%
Property Tax
1.6%

Affordability

17.8%
rent-to-income
Affordability
22.2%
rent-to-income

Detailed Comparison

When comparing Anchorage, AK and Lewisville, TX, the overall cost of living indices are 113 and 112 respectively (national median = 100). Rent is $119/month cheaper in Anchorage, saving renters about $1,428/year.

Median household income is $13,150/year higher in Anchorage. Home values also differ significantly — the median in Anchorage is $375,900 compared to $350,200 in Lewisville.

Frequently Asked Questions

Anchorage vs Lewisville — common questions

Is Anchorage or Lewisville cheaper to live in?
Based on our cost index, Lewisville is cheaper to live in with an index of 112 compared to 113 (US average = 100).
What is the rent difference between Anchorage and Lewisville?
Median rent in Anchorage is $1,453/month and in Lewisville it's $1,572/month — a difference of $119/month.
Which city has higher income, Anchorage or Lewisville?
Median household income is $98,152 in Anchorage and $85,002 in Lewisville. Median household income is $13,150/year higher in Anchorage.
How do taxes compare between Alaska and Texas?
Alaska has 0% income tax, 0% sales tax, and 1.04% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Anchorage or Lewisville?
It depends on your priorities. Anchorage has a cost index of 113 with median rent of $1,453/mo, while Lewisville has a cost index of 112 with rent of $1,572/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Anchorage details → View Lewisville details →

More Comparisons

Other cost of living comparisons for Anchorage and Lewisville

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