Cost of Living: Indianapolis, IN vs Lewisville, TX (2026)

Indianapolis

Indiana
74
VS

Lewisville

Texas
112

Indianapolis is 34% cheaper than Lewisville.

$1,112/mo ↓ 29%
Median Rent
$1,572/mo ↑ 41%
$62,995/yr ↓ 26%
Median Income
$85,002/yr ↑ 35%
$207,000 ↓ 41%
Home Value
$350,200 ↑ 69%
$1,124/mo ↓ 31%
Owner Costs
$1,631/mo ↑ 45%
882,043
Population
128,313

Tax Comparison

3.05%
Income Tax
0%
7.0%
State Sales Tax
6.25%
0.83%
Property Tax
1.6%

Affordability

21.2%
rent-to-income
Affordability
22.2%
rent-to-income

Detailed Comparison

When comparing Indianapolis, IN and Lewisville, TX, the overall cost of living indices are 74 and 112 respectively (national median = 100). Rent is $460/month cheaper in Indianapolis, saving renters about $5,520/year.

Median household income is $22,007/year higher in Lewisville. Home values also differ significantly — the median in Indianapolis is $207,000 compared to $350,200 in Lewisville.

Texas has no state income tax, giving Lewisville residents a significant tax advantage over Indiana's 3.05% rate.

Frequently Asked Questions

Indianapolis vs Lewisville — common questions

Is Indianapolis or Lewisville cheaper to live in?
Based on our cost index, Indianapolis is cheaper to live in with an index of 74 compared to 112 (US average = 100).
What is the rent difference between Indianapolis and Lewisville?
Median rent in Indianapolis is $1,112/month and in Lewisville it's $1,572/month — a difference of $460/month.
Which city has higher income, Indianapolis or Lewisville?
Median household income is $62,995 in Indianapolis and $85,002 in Lewisville. Median household income is $22,007/year higher in Lewisville.
How do taxes compare between Indiana and Texas?
Indiana has 3.05% income tax, 7.0% sales tax, and 0.83% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Indianapolis or Lewisville?
It depends on your priorities. Indianapolis has a cost index of 74 with median rent of $1,112/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.
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