Cost of Living: Lewisville, TX vs Richardson, TX (2026)

Lewisville

Texas
112
VS

Richardson

Texas
128

Lewisville is 12% cheaper than Richardson.

$1,572/mo ↓ 14%
Median Rent
$1,825/mo ↑ 16%
$85,002/yr ↓ 12%
Median Income
$96,257/yr ↑ 13%
$350,200 ↓ 14%
Home Value
$405,600 ↑ 16%
$1,631/mo ↓ 9%
Owner Costs
$1,796/mo ↑ 10%
128,313
Population
118,269

Tax Comparison

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

Affordability

22.2%
rent-to-income
Affordability
22.8%
rent-to-income

Detailed Comparison

When comparing Lewisville, TX and Richardson, TX, the overall cost of living indices are 112 and 128 respectively (national median = 100). Rent is $253/month cheaper in Lewisville, saving renters about $3,036/year.

Median household income is $11,255/year higher in Richardson. Home values also differ significantly — the median in Lewisville is $350,200 compared to $405,600 in Richardson.

Both cities share the same state tax structure since they are in Texas.

Frequently Asked Questions

Lewisville vs Richardson — common questions

Is Lewisville or Richardson cheaper to live in?
Based on our cost index, Lewisville is cheaper to live in with an index of 112 compared to 128 (US average = 100).
What is the rent difference between Lewisville and Richardson?
Median rent in Lewisville is $1,572/month and in Richardson it's $1,825/month — a difference of $253/month.
Which city has higher income, Lewisville or Richardson?
Median household income is $85,002 in Lewisville and $96,257 in Richardson. Median household income is $11,255/year higher in Richardson.
How do taxes compare between Texas and Texas?
Both cities are in Texas and share the same state tax rates: 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Lewisville or Richardson?
It depends on your priorities. Lewisville has a cost index of 112 with median rent of $1,572/mo, while Richardson has a cost index of 128 with rent of $1,825/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Lewisville details → View Richardson details →

More Comparisons

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