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

Lewisville

Texas
112
VS

Palm Bay

Florida
91

Lewisville is 23% more expensive than Palm Bay.

$1,572/mo ↑ 6%
Median Rent
$1,487/mo ↓ 5%
$85,002/yr ↑ 26%
Median Income
$67,521/yr ↓ 21%
$350,200 ↑ 41%
Home Value
$248,000 ↓ 29%
$1,631/mo ↑ 36%
Owner Costs
$1,203/mo ↓ 26%
128,313
Population
125,273

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
26.4%
rent-to-income

Detailed Comparison

When comparing Lewisville, TX and Palm Bay, FL, the overall cost of living indices are 112 and 91 respectively (national median = 100). Rent is $85/month cheaper in Palm Bay, saving renters about $1,020/year.

Median household income is $17,481/year higher in Lewisville. Home values also differ significantly — the median in Lewisville is $350,200 compared to $248,000 in Palm Bay.

Frequently Asked Questions

Lewisville vs Palm Bay — common questions

Is Lewisville or Palm Bay cheaper to live in?
Based on our cost index, Palm Bay is cheaper to live in with an index of 91 compared to 112 (US average = 100).
What is the rent difference between Lewisville and Palm Bay?
Median rent in Lewisville is $1,572/month and in Palm Bay it's $1,487/month — a difference of $85/month.
Which city has higher income, Lewisville or Palm Bay?
Median household income is $85,002 in Lewisville and $67,521 in Palm Bay. Median household income is $17,481/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 Palm Bay?
It depends on your priorities. Lewisville has a cost index of 112 with median rent of $1,572/mo, while Palm Bay has a cost index of 91 with rent of $1,487/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Lewisville details → View Palm Bay details →

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