Cost of Living: Jackson, MS vs Lewisville, TX (2026)

Jackson

Mississippi
58
VS

Lewisville

Texas
112

Jackson is 48% cheaper than Lewisville.

$1,018/mo ↓ 35%
Median Rent
$1,572/mo ↑ 54%
$43,238/yr ↓ 49%
Median Income
$85,002/yr ↑ 97%
$108,200 ↓ 69%
Home Value
$350,200 ↑ 224%
$956/mo ↓ 41%
Owner Costs
$1,631/mo ↑ 71%
149,827
Population
128,313

Tax Comparison

5.0%
Income Tax
0%
7.0%
State Sales Tax
6.25%
0.67%
Property Tax
1.6%

Affordability

28.3%
rent-to-income
Affordability
22.2%
rent-to-income

Detailed Comparison

When comparing Jackson, MS and Lewisville, TX, the overall cost of living indices are 58 and 112 respectively (national median = 100). Rent is $554/month cheaper in Jackson, saving renters about $6,648/year.

Median household income is $41,764/year higher in Lewisville. Home values also differ significantly — the median in Jackson is $108,200 compared to $350,200 in Lewisville.

Texas has no state income tax, giving Lewisville residents a significant tax advantage over Mississippi's 5.0% rate.

Frequently Asked Questions

Jackson vs Lewisville — common questions

Is Jackson or Lewisville cheaper to live in?
Based on our cost index, Jackson is cheaper to live in with an index of 58 compared to 112 (US average = 100).
What is the rent difference between Jackson and Lewisville?
Median rent in Jackson is $1,018/month and in Lewisville it's $1,572/month — a difference of $554/month.
Which city has higher income, Jackson or Lewisville?
Median household income is $43,238 in Jackson and $85,002 in Lewisville. Median household income is $41,764/year higher in Lewisville.
How do taxes compare between Mississippi and Texas?
Mississippi has 5.0% income tax, 7.0% sales tax, and 0.67% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Jackson or Lewisville?
It depends on your priorities. Jackson has a cost index of 58 with median rent of $1,018/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 Jackson details → View Lewisville details →

More Comparisons

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