Cost of Living: Lewisville, TX vs Lakeland, FL (2026)

Lewisville

Texas
112
VS

Lakeland

Florida
82

Lewisville is 37% more expensive than Lakeland.

$1,572/mo ↑ 21%
Median Rent
$1,299/mo ↓ 17%
$85,002/yr ↑ 39%
Median Income
$60,947/yr ↓ 28%
$350,200 ↑ 53%
Home Value
$229,100 ↓ 35%
$1,631/mo ↑ 42%
Owner Costs
$1,149/mo ↓ 30%
128,313
Population
117,030

Tax Comparison

0%
Income Tax
0%
6.25%
State Sales Tax
6.0%
1.6%
Property Tax
0.86%

Affordability

22.2%
rent-to-income
Affordability
25.6%
rent-to-income

Detailed Comparison

When comparing Lewisville, TX and Lakeland, FL, the overall cost of living indices are 112 and 82 respectively (national median = 100). Rent is $273/month cheaper in Lakeland, saving renters about $3,276/year.

Median household income is $24,055/year higher in Lewisville. Home values also differ significantly — the median in Lewisville is $350,200 compared to $229,100 in Lakeland.

Frequently Asked Questions

Lewisville vs Lakeland — common questions

Is Lewisville or Lakeland cheaper to live in?
Based on our cost index, Lakeland is cheaper to live in with an index of 82 compared to 112 (US average = 100).
What is the rent difference between Lewisville and Lakeland?
Median rent in Lewisville is $1,572/month and in Lakeland it's $1,299/month — a difference of $273/month.
Which city has higher income, Lewisville or Lakeland?
Median household income is $85,002 in Lewisville and $60,947 in Lakeland. Median household income is $24,055/year higher in Lewisville.
How do taxes compare between Texas and Florida?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Lewisville or Lakeland?
It depends on your priorities. Lewisville has a cost index of 112 with median rent of $1,572/mo, while Lakeland has a cost index of 82 with rent of $1,299/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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