Cost of Living: Lewisville, TX vs Independence, MO (2026)

Lewisville

Texas
112
VS

Independence

Missouri
67

Lewisville is 67% more expensive than Independence.

$1,572/mo ↑ 48%
Median Rent
$1,061/mo ↓ 33%
$85,002/yr ↑ 43%
Median Income
$59,480/yr ↓ 30%
$350,200 ↑ 110%
Home Value
$166,400 ↓ 52%
$1,631/mo ↑ 56%
Owner Costs
$1,046/mo ↓ 36%
128,313
Population
121,944

Tax Comparison

0%
Income Tax
4.95%
6.25%
State Sales Tax
4.225%
1.6%
Property Tax
0.93%

Affordability

22.2%
rent-to-income
Affordability
21.4%
rent-to-income

Detailed Comparison

When comparing Lewisville, TX and Independence, MO, the overall cost of living indices are 112 and 67 respectively (national median = 100). Rent is $511/month cheaper in Independence, saving renters about $6,132/year.

Median household income is $25,522/year higher in Lewisville. Home values also differ significantly — the median in Lewisville is $350,200 compared to $166,400 in Independence.

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

Frequently Asked Questions

Lewisville vs Independence — common questions

Is Lewisville or Independence cheaper to live in?
Based on our cost index, Independence is cheaper to live in with an index of 67 compared to 112 (US average = 100).
What is the rent difference between Lewisville and Independence?
Median rent in Lewisville is $1,572/month and in Independence it's $1,061/month — a difference of $511/month.
Which city has higher income, Lewisville or Independence?
Median household income is $85,002 in Lewisville and $59,480 in Independence. Median household income is $25,522/year higher in Lewisville.
How do taxes compare between Texas and Missouri?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Missouri has 4.95% income tax, 4.225% sales tax, and 0.93% property tax.
Should I move to Lewisville or Independence?
It depends on your priorities. Lewisville has a cost index of 112 with median rent of $1,572/mo, while Independence has a cost index of 67 with rent of $1,061/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Lewisville details → View Independence details →

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