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

Lewisville

Texas
112
VS

Elgin

Illinois
90

Lewisville is 24% more expensive than Elgin.

$1,572/mo ↑ 25%
Median Rent
$1,260/mo ↓ 20%
$85,002/yr ↓ 4%
Median Income
$88,316/yr ↑ 4%
$350,200 ↑ 39%
Home Value
$252,400 ↓ 28%
$1,631/mo ↑ 9%
Owner Costs
$1,502/mo ↓ 8%
128,313
Population
114,106

Tax Comparison

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

Affordability

22.2%
rent-to-income
Affordability
17.1%
rent-to-income

Detailed Comparison

When comparing Lewisville, TX and Elgin, IL, the overall cost of living indices are 112 and 90 respectively (national median = 100). Rent is $312/month cheaper in Elgin, saving renters about $3,744/year.

Median household income is $3,314/year higher in Elgin. Home values also differ significantly — the median in Lewisville is $350,200 compared to $252,400 in Elgin.

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

Frequently Asked Questions

Lewisville vs Elgin — common questions

Is Lewisville or Elgin cheaper to live in?
Based on our cost index, Elgin is cheaper to live in with an index of 90 compared to 112 (US average = 100).
What is the rent difference between Lewisville and Elgin?
Median rent in Lewisville is $1,572/month and in Elgin it's $1,260/month — a difference of $312/month.
Which city has higher income, Lewisville or Elgin?
Median household income is $85,002 in Lewisville and $88,316 in Elgin. Median household income is $3,314/year higher in Elgin.
How do taxes compare between Texas and Illinois?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to Lewisville or Elgin?
It depends on your priorities. Lewisville has a cost index of 112 with median rent of $1,572/mo, while Elgin has a cost index of 90 with rent of $1,260/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Lewisville details → View Elgin details →

More Comparisons

Other cost of living comparisons for Lewisville and Elgin

Lewisville vs. Norman Lewisville vs. Lehigh Acres Lewisville vs. Fargo Lewisville vs. Columbia Lewisville vs. Santa Clara Lewisville vs. Abilene Elgin vs. Provo Elgin vs. Odessa Elgin vs. Waterbury Elgin vs. Springfield Elgin vs. Carlsbad Elgin vs. Beaumont