Cost of Living: Chicago, IL vs Lewisville, TX (2026)

Chicago

Illinois
100
VS

Lewisville

Texas
112

Chicago is 11% cheaper than Lewisville.

$1,380/mo ↓ 12%
Median Rent
$1,572/mo ↑ 14%
$75,134/yr ↓ 12%
Median Income
$85,002/yr ↑ 13%
$315,200 ↓ 10%
Home Value
$350,200 ↑ 11%
$1,502/mo ↓ 8%
Owner Costs
$1,631/mo ↑ 9%
2,707,648
Population
128,313

Tax Comparison

4.95%
Income Tax
0%
6.25%
State Sales Tax
6.25%
2.07%
Property Tax
1.6%

Affordability

22.0%
rent-to-income
Affordability
22.2%
rent-to-income

Detailed Comparison

When comparing Chicago, IL and Lewisville, TX, the overall cost of living indices are 100 and 112 respectively (national median = 100). Rent is $192/month cheaper in Chicago, saving renters about $2,304/year.

Median household income is $9,868/year higher in Lewisville. Home values also differ significantly — the median in Chicago is $315,200 compared to $350,200 in Lewisville.

Texas has no state income tax, giving Lewisville residents a significant tax advantage over Illinois's 4.95% rate.

Frequently Asked Questions

Chicago vs Lewisville — common questions

Is Chicago or Lewisville cheaper to live in?
Based on our cost index, Chicago is cheaper to live in with an index of 100 compared to 112 (US average = 100).
What is the rent difference between Chicago and Lewisville?
Median rent in Chicago is $1,380/month and in Lewisville it's $1,572/month — a difference of $192/month.
Which city has higher income, Chicago or Lewisville?
Median household income is $75,134 in Chicago and $85,002 in Lewisville. Median household income is $9,868/year higher in Lewisville.
How do taxes compare between Illinois and Texas?
Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Chicago or Lewisville?
It depends on your priorities. Chicago has a cost index of 100 with median rent of $1,380/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 Chicago details → View Lewisville details →

More Comparisons

Other cost of living comparisons for Chicago and Lewisville

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